US EditionWall Street's 'TACO Trade' Powers Stock Rally as Trump Defers Tariff Threats
- Wall Street traders embraced the acronym TACO, standing for 'Trump Always Chickens Out', as a shorthand for President Trump's tariff policy reversals in May 2025.
- This term gained attention after Trump announced high tariffs, including a planned 50% tax on European goods starting June 1, which he then delayed to July 9 to allow negotiations.
- Traders use TACO to navigate the volatility caused by Trump’s frequent tariff escalations and subsequent rollbacks, with markets tumbling on threats but rallying when tariffs ease.
- Trump defended his approach as strategic negotiation, saying, "It's called negotiation," and explained he sets high tariffs only to lower them after gaining concessions.
- The persistence of TACO as a market phenomenon suggests investor confidence that tariff threats will be softened, contributing to rapid market recoveries after sell-offs triggered by trade tensions.
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CNN Host Claims Trump is ‘Clearly Rattled’ By TACO Nickname
Donald Trump is “clearly rattled” after being confronted with the his new “TACO” nickname during a press conference earlier this week, says CNN’s Erin Burnett. The president had a meltdown on Wednesday after being made aware of the acronym, which stands for “Trump Always Chickens Out.” The term was coined by Wall Street traders due to his habit of repeatedly backing down from his threats. “That’s a nasty question,” he said in response to the rep…
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Total News Sources218
Leaning Left63Leaning Right28Center50Last UpdatedBias Distribution45% Left
Bias Distribution
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45% Left
L 45%
C 35%
R 20%
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