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Trump White House Accused of Tipping Wall Street on India Trade Deal

Reports claim senior officials provided non-public details to executives, raising insider trading and ethics concerns.

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Overview

  • Fox Business correspondent Charles Gasparino reported that White House insiders alerted Wall Street executives about a nearing trade agreement with India.
  • Treasury Secretary Scott Bessent confirmed the administration is 'very close' to finalizing the India trade deal but did not deny allegations of tip-offs.
  • Watchdog groups have criticized the alleged practice as enabling insider trading and favoring wealthy allies over the public interest.
  • The reported India trade deal may serve as a template for future agreements with Japan and other nations, according to sources.
  • Earlier this month, Trump boasted about friends profiting millions from a tariff pause, further fueling scrutiny of market manipulation claims.