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Wall Street is once again banking on the TACO trade because they've been 'burned' by believing Trump before

Summary by Fortune
At the time of writing, only 17% of Polymarket betters believe all the tariffs Trump has threatened against Europe will go into effect on February 1. A further minority of 40% believe any tariffs will go into effect in a fortnight's time.

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FortuneFortune
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Wall Street is once again banking on the TACO trade because they've been 'burned' by believing Trump before

At the time of writing, only 17% of Polymarket betters believe all the tariffs Trump has threatened against Europe will go into effect on February 1. A further minority of 40% believe any tariffs will go into effect in a fortnight's time.

·New York, United States
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Fortune broke the news in New York, United States on Tuesday, January 20, 2026.
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