TACO Trump: Jimmy Kimmel brutally trolls President on his show, asks 'How does it feel?'

Economic Times

30-05-2025

Jimmy Kimmel roasts Trump
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TACO Trump
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TACO is the new trend on social media these days. No, people are not talking about the tasty Mexican dish but rather an acronym that doubles as Wall Street's favourite new nickname for President Donald Trump. A new trading myntra is gaining popularity among investors: TACO, which stands for " Trump Always Chickens Out ". Jimmy Kimmel did not miss the opportunity and went all in on the viral taco memes making fun of President Donald Trump. He said President Donald Trump has changed his tariff policy so often that the process has been given a mocking new nickname: TACO.Kimmel explained how TACO is an acronym, coined by Financial Times columnist Robert Armstrong, which stands for 'Trump Always Chickens Out.' It's been used by prominent Democrats online to make fun of Trump's tariff indecisiveness.'How does it feel to be on the other end of the nickname game?' Kimmel asked Trump. 'Not great, does it?' 'You're not gonna believe this,' Kimmel said. 'He doesn't like the nickname at all.'Kimmel said Trump flipped out at a reporter who asked him about the name, calling it 'a nasty question.' 'But it seems to be catching on,' Kimmel said, then showed off some of his favorite TACO Trump chicken memes.'[Trump] doesn't like the nickname at all,' Kimmel said. 'He called it a nasty question, but it seems to be catching on. There's been an outpouring of taco-themed AI on social media ... all in celebration of our El Pollo Loco.'Kimmel believed that the taco jokes, though perhaps childish, were the natural result of Trump's behavior throughout his second term.'Trump has changed his tariff policy more than 50 times, as any stable genius would, and that is starting to catch up to him,' Kimmel pointed out.'Yesterday, the Court of International Trade ruled unanimously that Trump does not have the authority to implement the big, beautiful tariffs he's slapping on everyone,' Kimmel said.He explained further, 'Trump's lawyers immediately appealed the decision. The DOJ claims that stopping these tariffs would take away Trump's leverage in trade negotiations and embolden other countries to take advantage of him.'He joked, 'Basically, the court pulled down [Trump's] pants and showed China his little mushroom.'Kimmel also bid farewell to Elon Musk, who on Friday will officially leave the White House after 130 days of deeply unpopular DOGE federal budget cuts.'He came, he chainsawed, we bled, he left,' Kimmel said.'When he started, he promised to save us a trillion dollars,' Kimmel noted. 'Now he says DOGE will probably only save about $160 billion, whereas most everyone else says he probably cost us hundreds of billions of dollars.''But here's the thing,' Kimmel joked, 'Politics isn't about money. It's not about success. It's not about failure. It's about the lives of the civil servants you destroy along the way.'Kimmel played a parody of 'Macho Man' ― a song Trump has frequently used at campaign events ― called 'Taco Man,' complete with a video to match.The term, introduced by Financial Times columnist Robert Armstrong, refers to President Trump's pattern of announcing aggressive tariffs and then reversing or delaying them. This approach has caused significant market volatility, which savvy investors have exploited by buying stocks during post-announcement dips.The so-called TACO trade strategy is based on the recurring trend in which Trump unveils steep tariffs—such as a proposed 145% duty on Chinese imports—only to soften or postpone them once markets react negatively. For example, a 145% tariff on Chinese goods was reduced to 30% within a month, and a planned 50% tariff on European Union products was deferred following the start of negotiations. These retreats often trigger short-term market rallies, as investors bet that economic pressures will prompt the president to backtrack.