Trump "TACO" trade: How a columnist's catchphrase caused an Oval Office scene

Why did Trump’s tariffs get blocked by US courts? How will tariff uncertainty impact stock futures today? What caused Nvidia’s strong quarterly earnings boost? Why is the US dollar struggling amid trade tensions? How will Biden’s trade talks with China proceed now? What’s behind E.l.f. Beauty’s $1 billion acquisition? Why is Victoria’s Secret addressing a major security incident?

Trump "TACO" trade: How a columnist's catchphrase caused an Oval Office scene

axios.com/2025/05/29/trump-taco-trade-tariffs

At a press conference Wednesday, President Trump had a very unhappy reaction to being asked about the "TACO trade" — a shorthand for Trump Always Chickens Out.
Why it matters: Traders have been using TACO to describe the belief that the president will back off on a big tariff threat if…

This story appeared on axios.com, 2025-05-29 00:57:30.