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Trump Lashes Out Over Wall Street 'TACO Trade' Craze
Posted
May 31, 2025
Views
125,435
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886
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May 31, 2025
125,435
2,626
886
2.80%
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1:51Now PlayingPresident Donald Trump bristled at suggestions that Wall Street believes he’s ultimately unwilling to follow through on extreme tariff threats, saying his repeated retreats are instead part of a strategy to exert trade concessions. Trump was asked during an Oval Office event to respond to reports of a so-called “TACO” trade, in which investors seize on market tumbles after the president makes tariff threats, predicting he will ultimately relent and equities will rebound.
The acronym — which stands for Trump Always Chickens Out — was coined by a Financial Times columnist and has since been adopted by traders attempting to navigate the dozens of changes to tariff policy Trump has announced over the early months of his presidency.
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