What is TACO trade? A term that ruffled Donald Trump
Thursday, 29 May 2025 () Wall Street investors have coined the term "TACO" (Trump Always Chickens Out) to describe President Trump's pattern of threatening tariffs, then backing down. Traders are now profiting by anticipating these reversals and buying stocks when tariff threats emerge. Trump acknowledged the term, defending his actions as negotiation tactics to secure concessions.
Shadow Housing Secretary Kevin Hollinrake says he is “fairly confident” the “President Trump storm will pass" in terms of international trade as the US Court of International Trade blocks Donald Trump’s global tariffs calling them “unlawful”.
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President Trump pushed back after being mocked on Wall Street with the nickname "TACO trade"—short for "Trump Always Chickens Out"—a dig at his inconsistent tariff strategies. During a press..
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Thursday, 29 May 2025 ()
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