TACO Trade: Wall Street Has A New Acronym To Rally Behind, But Donald Trump Thinks It's "Nasty"

Financial Times columnist Robert Armstrong coined a new terminology for US President Donald Trump - TACO or Trump Always Chickens Out. The new term describes how Trump's tariff policies rattled global markets, created a wave of uncertainty, and were eventually termed by a US trade court as illegal, paving the way for a prolonged court battle. Armstrong mentioned that Trump has a habit of announcing a new tariff policy, which takes the markets lower, and then backs out of those, leading to a rebound in the markets, and hence the TACO terminology. n18oc_world n18oc_crux

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TACO Trade: Wall Street Has A New Acronym To Rally Behind, But Donald Trump Thinks It's "Nasty"