The term TACO — short for “Trump Always Chickens Out” — has become a viral jab at former President Donald Trump’s unpredictable tariff tactics. Coined by a Financial Times columnist, it describes Trump’s pattern of announcing steep tariffs, triggering market panic, then backing down to ease economic pressure. Trump recently delayed a 50% tariff on EU goods, prompting a market rally. When asked about the nickname, Trump called it a “nasty question,” saying it’s “called negotiation.”
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