Trump's Tariff Tactics: "TACO" Takes Center Stage on Wall Street

President Trump's Tariff Tactics Earn Him Wall Street Nickname 'TACO' May 29, 2025, saw President Donald Trump's frustration boil over when a journalist suggested he was backing down from his tariff threats. This incident sparked renewed attention to the nickname "TACO" (Trump Always Chickens Out), a term gaining traction in Wall Street circles. Analysts point to a pattern: Trump's extreme tariffs cause market crashes, only to be followed by his retreat and subsequent market recovery. The video showcases various clips of Trump's public statements and news coverage, illustrating this pattern. "Me a coward? I've never heard that," Trump retorted, visibly irritated, in one clip. He attempted to justify his actions by claiming they are part of a negotiation strategy, explaining that imposing extremely high tariffs pressures other countries to concede. However, this strategy has earned him the less-than-flattering nickname. The video also reveals that the term "TACO" was coined by Robert Armstrong, a journalist at the Financial Times. It has become a common term among investors to describe this repetitive pattern during Trump's presidency. The video concludes by emphasizing that while Trump may view his actions as brilliant strategies, investors see them as empty threats that eventually lead to market corrections. This pattern is illustrated through examples, such as Trump's actions in May, where he temporarily froze a 145% tariff on Chinese goods and postponed a 50% tariff on European products, triggering enthusiastic market responses. The events highlighted in the video underscore the complexities of international trade and the significant impact of political decisions on global markets.