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Wolf of Wall Street Backs Trump Amid Trade War

4/11/2025

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Summary

Story summary

Jordan Belfort, famously known as the 'Wolf of Wall Street,' came to President Trump's defense regarding insider trading claims, asserting that Trump's remarks on tariffs were above board. He pointed out the stock market's rise following Trump's announcement but cautioned about the looming economic instability from the ongoing trade war with China, urging for necessary tariff adjustments to rectify the U.S. trade deficit.

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Story summary

Jordan Belfort, famously known as the 'Wolf of Wall Street,' came to President Trump's defense regarding insider trading claims, asserting that Trump's remarks on tariffs were above board. He pointed out the stock market's rise following Trump's announcement but cautioned about the looming economic instability from the ongoing trade war with China, urging for necessary tariff adjustments to rectify the U.S. trade deficit.