Trump Disclosed as Coupang Shareholder After 18 Stock Trades, Raising Conflict-of-Interest Concerns

According to financial disclosures from the U.S. Office of Government Ethics, President Donald Trump conducted 18 Coupang stock trades between October 2025 and May 2026 through two investment accounts. The President's current holdings are estimated at approximately $130,000 (about 200 million Korean won), representing a minor portion of his overall assets.

The timing of these transactions has drawn scrutiny, as they coincide with key moments in U.S.-Korea trade disputes over Coupang. Trading activity occurred in October-November 2025 ahead of a data breach announcement, resumed in December as Korean parliamentary hearings on Coupang gained attention in Washington, and continued through May 2026 as U.S. officials raised discrimination allegations against the Korean government. Trump has stated he does not directly manage these accounts, though unlike previous presidents, he retains access to portfolio details. The disclosures also reveal that other Trump administration officials handling Korea-related trade policy received compensation from Coupang and Korean companies before taking office.