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The Independent UK
The Independent UK
James Liddell

Wall St’s TACO tariff code is good for Trump, ‘If he can take the win,’ ex-staffer reveals to CNN

While Wall Street’s “TACO trade” strategy has riled President Donald Trump, his former White House staffer argues it might actually be a “win” for the president.

In the wake of Trump’s tariff volatility, Wall Street investors are now engaging in TACO trade: buying stock in the slump, knowing that the president’s backtracking will inevitably cause a stock market rebound.

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