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TACO

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3 days ago

Rolling coverage of the latest economic and financial news

Bitcoin has continued to drop this morning, down 2% to $63,149, as the cautious mood in markets ripples out to the world of crypto. It is now…

35 days ago

Trump walking back on his tariff threats on EU countries and toning down rhetoric on Greenland has revived talks of TACO — "Trump Always Chickens Out" — trade.
Trump walking back on his tariff threats on EU countries and toning down rhetoric on Greenland has revived talks of TACO — "Trump Always Chickens Out" — trade.

36 days ago

"Donald Trump’s TACO bell has rung once again, much to the joy of financial markets," one investor said Thursday.

6 months ago

These might be the highest tariffs the world has seen since the Smoot-Hawley Act in the 1930s — are they here to stay?

7 months ago

Rolling coverage of the latest economic and financial news

The FTSE 100 has also benefitted from the TACO trade this year – the bet that Trump always chickens out when his policies cause mayhem in the…

Trump has repeatedly changed his tune on how final his tariff deadlines are.

8 months ago

"It's become quite emotive," one market watcher told CNBC. "Nobody wants to invest in an environment where the government might change its mind overnight."

9 months ago

He bristles at the acronym TACO, which stands for ‘Trump always chickens out.’
TACO, the term that stands for "Trump Always Chickens Out," describes the market reaction to Trump repeatedly announcing heavy tariffs and later pausing them.

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