US EditionWall Street's 'TACO Trade' Powers Stock Rally as Trump Defers Tariff Threats
UNITED STATES, MAY 30 – Wall Street investors profit from Trump's repeated tariff reversals, with the S&P 500 rebounding nearly 2% after tariff delays, reflecting market confidence in his policy reversals.
- President Donald Trump postponed the 50% tariff hike on European Union goods until July 9 amid ongoing negotiations in Washington.
- This delay follows Trump's pattern of announcing steep tariffs, then reducing rates or deferring them to ease market uncertainty and encourage talks.
- Trump defended his approach by noting EU officials would not negotiate without the 50% tariff threat and claiming he is typically too tough on trade.
- Financial Times columnist Robert Armstrong coined the 'TACO trade' acronym this month, referring to Trump Always Chickening Out on tariff threats, a term Trump rejected.
- The tariff delays and reversals have led investors to buy on dips, fueling a partial market rebound despite the volatility caused by Trump's on-again, off-again trade policies.
237 Articles
237 Articles
Trump Tariffs, Paramount's Settlement Offer, Musk's DOGE Tenure, And More: This Week In Politics - Paramount Glb (NASDAQ:PARA), SPDR S&P 500 (ARCA:SPY)
The past week saw developments in business & politics, from Trump's tariffs being temporarily preserved to Paramount Global's potential settlement with him.
Move Over FAANG, Enter the TACO Trade: This Monster ETF Could Be Poised to Take Off - Overpasses For America
10 stocks we like better than Vanguard S&P 500 ETF › tariff announcements on April 2. vulnerable to the new tariffs. S&P 500, Nasdaq Composite, and Dow Jones Industrial Average into a tailspin. However, whenever President Trump has chosen to reverse course, stocks begin to rebound as you can see in the S&P 500 chart above. Story Continues Vanguard S&P 500 ETF (NYSEMKT: VOO). This monster ETF is built to mimic the performance of the S&P 500, a…
Move Over FAANG, Enter the TACO Trade: This Monster ETF Could Be Poised to Take Off @themotleyfool #stocks $VOO
Over the last couple of months, there has been one word largely dictating the direction of the stock market: tariffs. For the first time in nearly two years, artificial intelligence seems to have been replaced by tariffs as the buzzword on every investor's lips following President Donald Trump's "Liberation Day" tariff announcements on April 2.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stoc…
Coverage Details
Bias Distribution
- 45% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
