Trump pushes back at new TACO acronym that says he ‘Always Chickens Out’—’It’s called negotiation’
president Donald Trump wants the world to know that he is not “chicken” just because he has repeatedly retreated from high tariff threats.
The American Republican President’s tendency to import taxes is very high, then Retreat created what is known as the “Taco” trade, which is a shortened Robert Armstrong in the Financial Times, which returns to “Trump always comes out.” The markets generally sell when Trump makes his introductory threats and then recovers after retreat.
Trump was clearly insulted when asked about the phrase Wednesday and rejected the idea that he was “going out”, saying that the reporter was “bad”.
“Do you call this chick?” Trump said. “It is called negotiating,” adding that it puts “a largely ridiculous number and escapes a little, as you know, until the number becomes more logical.
Trump defended his approaches to raise tariff rates to 145 % on Chinese goods, only to decline to 30 % for 90 days of negotiations. Likewise, last week, he threatened to impose a 50 % tax on goods from the European Union starting from June, only to delay the rise in customs tariffs until July 9 so that negotiations could occur while a 10 % tariff is still directed. Similar dramas on cars, electronics, and global tariffs that Trump announced on April 2, which were partially based on the individual trade deficit with other countries.
In each case, Trump generally took the stock market on the rotating ship. Investors were sold when the tariff threats were announced because they involve slower economic growth and higher prices, which will harm companies’ profits. The stocks then recovered after Trump retreated.
As of Wednesday noon, the S&P 500 stock index has risen to date this year. But the index decreased to 15 % per year on April 8, a reflection of the volatility created by Trump’s changing policies.
He said that this approach led to 14 trillion dollars in the new investment in the United States, a number that appears to be artificially high and has not been fully verified through economic data.
“Don’t say what I have never said,” Trump said in his concept that is making: “For me, this is the most amazing question.”
Trump said that European Union officials will not negotiate if not because of his introduction by 50 %, saying that he usually suffers from a “very difficult” opposite problem.
This story was originally shown on Fortune.com
2025-05-29 08:08:00
