Trump Furious Over Wall Street Nickname: “Don’t Ever Say That”
President Trump vehemently denied the Wall Street acronym “TACO,” which stands for “Trump Always Chickens Out,” alleging it’s a mischaracterization of his trade negotiations. He cited instances where he imposed, then later reduced or delayed, tariffs, framing these actions as strategic negotiations rather than retreats. Despite Trump’s denials, the term reflects market reactions to his fluctuating tariff policies, with stock prices often rising after he seemingly backs down from trade threats. The recent threat of 50% tariffs on the European Union, subsequently withdrawn, serves as a prime example.
John Q. Hosedrinker