
In recent weeks, a new term has emerged in financial circles: the 'TACO trade'. Standing for 'Trump Always Chickens Out, ' this phrase encapsulates US President Donald Trump's pattern of announcing aggressive tariff policies, only to retract or delay them shortly thereafter.
Originating from a Financial Times column by Robert Armstrong, the term has gained traction among investors and analysts who view it as a predictable cycle in Trump's trade approach.