President Donald Trump dismisses “TACO trade” nickname for his tariff strategy swings.
Trump delayed 50% EU tariffs to July 9, calling it “negotiation,” not “chickening out.”
The “TACO trade” term refers to Trump announcing high tariffs then often easing them.
U.S. President Donald Trump today pushed back hard against questions about a new nickname mocking his administration’s shifting tariff strategies: the “TACO trade.” Coined by a Financial Times columnist, the term stands for “Trump Always Chickens Out” and highlights a pattern where high tariffs are announced, only to be rolled back or delayed shortly after.
President Trump bristled at a question today about the "TACO trade" – shorthand for "Trump always chickens out" – as Wall Street increasingly bets the he'll back down on his tariff threats:https://t.co/i1qyF0NzUJ
— Jennifer A. Dlouhy (@jendlouhyhc) May 28, 2025
Trump Delays 50% EU Tariff to July 9 After Von der Leyen Request; Markets Rally
Trump’s most recent trade action involved a proposed 50% tariff aimed at goods from the European Union (EU). This duty was initially set to kick in on June 1 but has now been postponed until July 9. The de…
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