This message is worth contemplating, as it reveals a little secret behind this wave of trade wars:
On April 9 local time, Trump boasted about his wealthy friend, Charles Schwab, chairman of Charles Schwab Corporation, who made $2.5 billion in a single day in the stock market.
Trump was not saying to his subordinates in the Oval Office, 'Look at how much you’ve made.' This merely indicates that before the trade war was initiated, some people close to Trump had prior knowledge of the news and made arrangements in the secondary market.
Those who received news before Trump announced the tariffs could naturally profit by shorting the market and strategically placing options. They could also sell their 'chips' in advance and wait for a dip to buy back in.
When Trump announced the postponement of tariffs on many countries, those who had prior knowledge could naturally make buying moves.
For this reason, some U.S. media analysts believe that the Trump family made a huge profit of $30 billion in a very short period.