30 May 2025 1:24 am
Don’t they know it’s the art of dealmaking…https://www.usatoday.com/story/news/pol ... 903123007/
WASHINGTON ― President Donald Trumpis no fan of an emerging nickname on Wall Street mocking his on-again, off-again approach to tariffs.Trump lashed out at a reporter on May 28 who asked for his response to financial analysts embracing a new term called "TACO trade."
The acronym stands for "Trump always chickens out" ‒ a jab at the president's propensity to impose or threaten steep tariffs on imports, only to later back off."Oh, I chicken out. Isn't that nice? I've never heard that," Trump said during the exchange, before defending his recent decisions to slash his tariffs on China for the next 90 days and extend his deadline for a 50% tariff on goods from the European Union until July 9.
"Don't ever say what you said because that's a nasty question," Trump said.