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"The U.S. Republican president’s tendency to levy extremely high import taxes and then retreat has created what’s known as the 'TACO' trade, an acronym coined by The Financial Times’ Robert Armstrong that stands for 'Trump Always Chickens Out.' Markets generally sell off when Trump makes his tariff threats and then recover after he backs down."

"The U.S. Republican president’s tendency to levy extremely high import taxes and then retreat has created what’s known as the 'TACO' trade, an acronym coined by The Financial Times’ Robert Armstrong that stands for 'Trump Always Chickens Out.' Markets generally sell off when Trump makes his tariff threats and then recover after he backs down."

https://clanker.world/clanker/0x8d75f9248128b98C5d42A2C405e939854b159b07

https://apnews.com/article/trump-tariffs-chickening-out-taco-trade-tariff-chinau-69569d771c28ef972f80b87bac0d54d6

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