Trump traded Coupang shares in June amid U.S.-South Korea tensions over data breach
Quick Look
U.S. President Donald Trump bought and sold Coupang Inc. shares in June through his money managers, according to a financial disclosure report released on August 22, amid rising U.S. criticism of South Korea's handling of a major data breach affecting the e-commerce company.
AI-generated summary
Why It Matters
Trump has made multiple trades in Coupang shares earlier in 2025, and U.S. lawmakers have criticized South Korea's regulatory response to a Coupang data breach, alleging discriminatory treatment of U.S.-owned firms.
By Song Sang-ho and Park Sung-min
WASHINGTON, Aug. 28 (Yonhap) -- U.S. President Donald Trump made two trades in Coupang Inc. shares in June through his money managers, a financial disclosure report showed Friday, amid lingering tensions between Seoul and Washington over South Korea's regulatory response to a massive data breach involving the U.S.-listed e-commerce giant.
Released on Aug. 22, the report filed with the U.S. Office of Government Ethics showed that Trump sold Coupang shares worth between US$1,001 and $15,000 on June 3, and purchased shares worth between $15,001 and $50,000 on June 24.
The report came after Trump's earlier financial reports this year showed that he made 18 trades in Coupang shares from Oct. 9 to May 22 through two investment accounts.
His stock transactions drew attention as U.S. criticism has risen over South Korean authorities' handling of the Coupang data breach.
In July, the House Judiciary Committee issued an interim staff report accusing the South Korean government of "discriminatory attacks" against Coupang and other American-owned businesses, claiming that Coupang has been a "consistent target."
Following the committee report, a White House official said Coupang was being "singled out" by South Korean President Lee Jae Myung's administration, expressing concern over what the official called the "discriminatory" targeting of the company.
What to Watch
AI outlook — possibilities, not facts
U.S. congressional scrutiny of South Korea's treatment of Coupang will continue
Likely · Within weeks
Open Questions
- Whether Trump's trades were influenced by non-public information
- If South Korea will change its approach to regulating foreign-owned tech companies
- Whether the U.S. will take further action beyond congressional reports
