#Trump, it would seem, is not one for a “#TACO.” The taco in question is not a dish made with tortillas, but rather a reference to how markets are responding to his #tariffs.
TACO, short for Trump Always Chickens Out, is a tongue-in-cheek term coined by the FT columnist Robert Armstrong. It has been adopted to describe the lucrative pattern in which #markets tumble after Trump makes tariff threats, only to rebound sharply when he relents & allows countries more time…

