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The Independent UK
The Independent UK
Ariana Baio

Move over TACO, Wall Street has a new nickname for Trump: NACHO

President Donald Trump’s back-and-forth with Iran over opening the Strait of Hormuz has led to a new nickname inspired by TACO, the president’s acronym nickname for issuing and reversing threats.

“We thought we were getting a TACO, ‘Trump Always Chickens Out.’ But so far we are getting a NACHO, ‘Not A Chance Hormuz Opens,’” Bloomberg columnist Javier Blas wrote on X.

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