Trump’s “Chicken” Meltdown Over Wall Street’s TACO Acronym
Following a reporter’s question regarding Wall Street’s “TACO Trade” acronym—referencing President Trump’s perceived tendency to back down from trade threats—Trump vehemently denied the assertion. He framed his shifting tariff policies as successful negotiations, citing examples of reduced tariffs on China and a delayed tariff on the European Union. Trump ultimately dismissed the question as “nasty,” instead claiming he is often perceived as overly aggressive in trade dealings. The acronym, coined by a Financial Times columnist, reflects investor sentiment regarding Trump’s unpredictable trade strategies.
John Q. Hosedrinker