Memes dubbing President Trump as "TACO Trump," which stands for "Trump Always Chickens Out," are trending online, poking fun at his habit of imposing tariffs only to backtrack later. In a recent press briefing, Trump dismissed the label as "nasty," insisting that his decisions are strategic moves in negotiations.

Memes labeling President Trump as "TACO Trump" highlight his tendency to impose tariffs and later retract them, reminiscent of past protectionist policies. During the 1980s, similar tariff strategies under President Reagan aimed to boost manufacturing but ultimately faltered, leading to economic challenges. Critics argue Trump's approach risks repeating these historical missteps, undermining long-term industrial growth without substantial public investment.