There is a saying circulating on Wall Street that Trump ultimately does not intend to follow through on his extreme tariff threats. Trump is irritated by this narrative, claiming that his repeated backtracking is part of a trade compromise strategy. 'This is called negotiating,' Trump said, asserting that as part of the negotiation, he deliberately intends to 'set an absurdly high number' and then 'slightly lower it.' At an event in the Oval Office, Trump was asked to respond to reports of the so-called 'TACO' deal. TACO stands for Trump Always Chickens Out, where investors buy on dips following Trump's tariff threats, waiting for him to ultimately soften his tone, which will cause the stock market to rebound.