"After Defending Coupang Against Korean Discrimination, Trump Bought and Sold Coupang Shares 18 Times"
Trump Also Held and Traded Coupang Shares
18 Transactions Disclosed in Financial Report
Links With Key U.S. Officials Draw Attention
USTR Representative and State Department Under Secretary Also Have Ties to Coupang
It has been confirmed that U.S. President Donald Trump has held and traded shares of Coupang, as revealed in a recently released financial disclosure. This has once again drawn attention to potential conflicts of interest between Coupang and key figures within the U.S. government.
According to financial disclosure documents recently released by the U.S. Office of Government Ethics (OGE), President Trump bought or sold Coupang shares a total of 18 times through an investment account manager between October of last year and May of this year. President Trump has maintained that he is not directly involved in making investment decisions.
In addition, it was revealed that Jamieson Greer, the U.S. Trade Representative (USTR), and Allison Hooker, Under Secretary of State for Political Affairs, each received lecture and advisory fees and consulting payments from Coupang before taking office.
These revelations have attracted attention as the U.S. government and Congress have recently expressed concerns about the Korean government's policies regarding Coupang. The U.S. House Judiciary Committee released a report stating that the Korean government is discriminating against Coupang, and the White House has also expressed concerns about regulations targeting Coupang.
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Coupang spent approximately USD 1.09 million on lobbying activities in the United States in the first quarter of this year, targeting major government agencies including Congress, the State Department, the Department of Commerce, and the Office of the U.S. Trade Representative (USTR).
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