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Trump Bristles at ‘TACO Trade’ That Bets on Him Backing Down
News May 29, 2025 at 02:18 PM
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What You Need To Know
- The Wall Street phrase "Trump Always Chickens Out" refers to frequent changes in U.S. tariff policy.
- The president argues his approach — threaten big levies and use the leverage to exact concessions — has yielded quick success.
- The stock market has increasingly been shrugging off Trump’s tariff threats, shrinking the money-making potential of the TACO trade.
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