Trump Denies He Is ‘Chickening Out' on Tariffs
Trump said his strategy involves setting a 'ridiculous high number' before negotiating it down in exchange for concessions. 'You call that chickening out,' he said in the Oval Office, adding 'it's called negotiation.'
Some on Wall Street and elsewhere have said Trump's tendency to announce tough policies only to backtrack is growing predictable. They refer to the market's reaction as the 'TACO trade.' As in, 'Trump Always Chickens Out.' Read more:
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Tracking Maine's wild mussel beds: declining or retreating into the deep?
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