Markets React to Trump Post Access Debate
The "Truth Social" platform launched by U.S. President Donald Trump was used to post content seconds before being made available to the public, aiming to give investors and traders a time advantage on news that could impact financial markets. The monthly subscription fees for this service range between $60,000 and $100,000. This platform allows him to control the release of sensitive statements that could cause significant fluctuations in asset prices. Previously, his statements on the platform have been used to influence markets, such as announcements of tariffs on China and plans to target Iran. Activists and parliament members criticized Trump for exploiting his platform for personal gains, with some proposing legislation to ensure transparency. His personal wealth has increased from $2.3 billion to $6.5 billion since winning the 2024 election, and his family maintains control over the majority of the Trump Media Group, valued at $2.67 billion.
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