Breaking: President Trump's account bought Amazon and Apple before he cut China tariffs and then his administration paid both companies billions in refunds
On May 5th, Trump's account bought $5M of Apple and $5M of AmazonThe next day, Treasury Secretary Bessent told Congress the US had "not engaged in negotiations with China as of yet"9 days later, he cut tariffs from 145% to 30%Both stocks have since surged:• $Apple(AAPL.US) is up 7.5%• $Amazon(AMZN.US) is up 4.5%His account is now sitting on up to ~$600K in unrealized gainsAnd recently, Apple disclosed $2.2B in tariff refunds and Amazon disclosed $600M
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