Donald Trump Accused of Using Tariffs to Boost Personal Wealth by $1.4 Billion

• Donald Trump's personal wealth reportedly surged by $1.4 billion (approx. 12,800 crore rupees) within a year of taking office in his second term.
• The New York Times report indicates that cryptocurrency and global real estate were major sources of this wealth increase.
• Earnings from World Liberty Financial and a meme coin, associated with the Trump family company, exceeded $867 million.
• Trump aggressively promoted his brand internationally, earning an additional $23 million from licensing 20 projects in various countries.
• A 46% tariff on Vietnam was reduced to 20% after a $1.5 billion Trump Organization golf complex in Hanoi received approval, suggesting tariffs were used as a strategic weapon.

Why It Matters: Donald Trump allegedly leveraged tariffs and his brand to significantly increase his personal wealth during his second term.