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TACO HELL FOR TRUMP
The Journal
|June 05, 2025
A THING of beauty happened last week in the White House - a meltdown marinated in ego and served piping hot.
Just when you thought Donald Trump couldn't get roasted any harder than a Thanksgiving turkey, along comes “TACO Trade”.
No, it’s not a new Mar-a-Lago lunch special. It’s the nickname lighting up Wall Street and giving Trump heartburn.
TACO stands for Trump Always Chickens Out, a brutally accurate label for a trade policy that starts loud and ends in retreat.
The formula is familiar: Trump threatens massive tariffs, global markets panic, businesses scream, and then - poof - he backs down.
Last month alone, he froze a 145% tariff on Chinese imports and hit pause on a 50% tariff on European goods.
The financial markets responded as if it were happy hour. Classic TACO.
The fun kicked off when a reporter had the temerity to mention the nickname in the White House. Trump’s mood curdled faster than expired sour cream.
This story is from the June 05, 2025 edition of The Journal.
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