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Trump's financial disclosure reveals 2 Coupang stock trades in June

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U.S. President Donald Trump participates in a Congressional Space Medal of Honor presentation to the Artemis II crew at NASA's Johnson Space Center in Houston, Texas, U.S., Aug. 28. Reuters-Yonhap

U.S. President Donald Trump participates in a Congressional Space Medal of Honor presentation to the Artemis II crew at NASA's Johnson Space Center in Houston, Texas, U.S., Aug. 28. Reuters-Yonhap

WASHINGTON — 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 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 Korean authorities' handling of the Coupang data breach.

In July, the House Judiciary Committee issued an interim staff report accusing the 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 Korean President Lee Jae Myung's administration, expressing concern over what the official called the "discriminatory" targeting of the company.


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