GREAT EXPLANATION!
INCLUDES:
***TACO: TRUMP ALWAYS CHICKENS OUT!****
— Trump slams a new Wall Street acronym referring to his reversals on tariffs: Wall Street has a new shorthand about President Donald Trump — and he’s not happy about it . Traders have reportedly come up with the acronym TACO, which stands for “Trump always chickens out,” to describe the tumultuous trade environment created by the president’s habit of threatening to impose tariffs on countries, and then back off at the last moment. He bristled when asked about it today in an Oval Office press conference. “Don’t ever say what you say, that’s a nasty question,” Trump told a journalist who asked for his response to the acronym. “To me that’s the nastiest question.” Trump rejected the idea that his reversals on tariffs amounted to him backing down, saying that usually receives a different critique.
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