Trump Responds To ‘TACO Trade' Jab & 'Trump Always Chickens Out' Acronym In High-Drama WH Presser
etimes.in
/ May 29, 2025, 01:20PM IST
Wall Street traders have dubbed President Donald Trump's tariff policy the 'TACO Trade,' meaning 'Trump Always Chickens Out.' Coined by Financial Times' Robert Armstrong, this term describes how markets crash on Trump's tariff threats but quickly recover once he softens or reverses them. Traders and analysts criticize his inconsistent approach as causing economic uncertainty and dubbed it 'tariff theatre.' When asked about the nickname, Trump angrily lashed out at reporters. His shifting tariffs have targeted China, the EU, Mexico, Canada, steel, and autos, making 'TACO Trade' a popular phrase among investors tracking his unpredictable trade moves.
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Hindustan Times
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