Trump discloses 327 unreported stock trades made a day before his first tariff pause

Investment accounts owned by President Donald Trump engaged in more than 300 previously undisclosed stock purchases on April 8, 2025, one day ahead of his surprise announcement that he would pause a number of his “Liberation Day” tariffs, according to Trump’s annual financial disclosure report.Limited time: Save 25% on NBC News subscriptionGet exclusive reporting, live Q&As and ad-free reading.Despite a 45-day deadline to report financial transactions, none of the 327 stock purchases on April 8 had been disclosed before Tuesday.Instead, the trades are scattered throughout a spreadsheet-style document that runs more than 900 pages, dwarfing the disclosure reports of Trump’s predecessors.Those purchases represented just a fraction of the stock trading that the president’s accounts have engaged in since he returned to office.But their disclosure — more than 14 months after they occurred — is the latest in a cascade of revelations about the president’s personal assets that, taken together, are fueling calls from both Republicans and Democrats for greater scrutiny of his financial interests.Asked by NBC News about these filings and who exactly was handling Trump’s investments, the White House referred to a post on social media site X from Eric Trump, which says in part: “Neither President Trump, his family, nor The Trump Organization has any role in selecting, directing, approving, influencing or soliciting specific investments.
They receive no advance notice of trades, cannot alter or override the managers’ strategies or models, and provide no input regarding investment decisions or portfolio operations.”He continued: “This structure was intentionally designed to maintain a clear separation between President Trump and the independent third-party investment managers overseeing the accounts and avoid even the appearance of any conflict of interest.”The president has consistently denied that his private sector ventures pose a conflict of in...