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Wall Street's 'TACO Trade' Powers Stock Rally as Trump Defers Tariff Threats

  • In 2025, Wall Street stocks surged after President Donald Trump postponed the planned mid-year implementation of a half-century tariff increase targeting imports from Europe to allow for further negotiations.
  • This followed Trump's announcement of sweeping tariffs on April 2 designed to address U.S. trade deficits but which triggered market selloffs and uncertainty globally.
  • Investors have coined the term 'TACO trade,' meaning 'Trump Always Chickens Out,' reflecting Trump's pattern of threatening high tariffs then retreating to calmer policies.
  • Trump defended his strategy, stating he sets 'a ridiculous high number' then negotiates down, while calling questions about 'chickening out' 'the nastiest question' he had received.
  • The delayed tariffs and negotiation approach have so far lifted markets but continue to create volatility and concerns about slower economic growth due to tariff threats.
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svt Nyheter broke the news in Stockholm, Sweden on Tuesday, May 27, 2025.
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