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Business Executives Sell Stocks Worth $54.4 Billion Before Tariff Wars

Business Executives Sell Stocks Worth $54.4 Billion Before Tariff Wars

President Trump’s implementation of reciprocal tariffs has triggered significant global economic turmoil, impacting stock markets. Reports indicate that high-profile executives, including Meta's CEO Mark Zuckerberg and JPMorgan Chase's CEO Jamie Dimon, have liquidated billions of dollars in stocks ahead of this tariff storm, prompting market discussions about their timing.

According to data cited by Bloomberg from Washington Service, Zuckerberg sold $733 million (approximately NT$23.8 billion) worth of stocks in the first quarter, when prices peaked but have since dropped by about 32%. Oracle's CEO Safra Catz also sold over $705 million worth of stocks during the same period, while Dimon sold $234 million (approximately NT$7.61 billion) worth of stocks. Together, these three executives sold a total of $1.672 billion (approximately NT$54.4 billion).

Additionally, other executives from cybersecurity firm Palo Alto Networks and software company Nutanix sold stocks worth hundreds of millions. While these actions do not imply insider trading, investors often interpret insider selling as a potential sign of unfavorable stock trends.