Story perspectives
Trump's Tariff Tactics: Market Chaos and Backtracking
6/15/2025
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Story summary
- The phrase "TACO," or "Trump Always Chickens Out," captures President Trump's habit of imposing tariffs only to backtrack, stirring market chaos. Coined by Financial Times commentator Robert Armstrong, it highlights his trade strategies. Meanwhile, strategist Charlie McElligott's "Trump Collar" illustrates how the stock market treads carefully amid Trump's erratic trade declarations.
