As global trade tensions flare up again, a new acronym has emerged on Wall Street to describe President Donald Trump’s erratic approach to tariffs: TACO, which stands for “Trump Always Chickens Out.” This catchy term, featured in reports from well-known news outlets, pokes fun at the unpredictability of Trump’s trade policies. The nickname seems to have hit a sensitive spot for Trump, challenging his self-perception as a steadfast and tough negotiator.
