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Don't buy that TACO just yet

Saturday, May 31, 2025 17:43

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TACO stands for “Trump Always Chickens Out” in trade negotiations. Financial Times journalist Robert Armstrong coined the term “TACO trade” as a colourful way of characterizing the Trump Put. When questioned by a reporter, Trump turned livid when he learned what TACO stood for.

It is in that context when, later in the day, the three-judge panel of the U.S. Court of International Trade unanimously ruled against the Trump Administration in VOS Selections v U.S. and struck down a whole range of tariffs by citing a lack of authority. The most equity bullish outcome would have been Trump taking this legal exit ramp to retreat from his trade war. Instead, he doubled down with the following social media message, possibly egged on by the TACO question. What was even more disturbing was the inclusion of Pepe the frog (my highlight), which was an image appropriated by White supremacists during the 2016 election.

The full post can be found here.

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Source: http://humblestudentofthemarkets.blogspot.com/2025/05/dont-buy-that-taco-just-yet.html

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Comments

Total 1 comment

kilroy

Trump the latest in a long line of puppet dictators doing the bidding of the central banking cartel within Davos. The US fell to a coup November of 1963. The day Kennedy died so did our Republic. Since that day your vote never mattered. Your currency was stolen out from underneath you and this slow march to oblivion began. We are now at the stage in the game where we either join together to fight this crime or we go out like a pack of hyenas turning on each other.

May 31, 2025, 6:06 pm 0 Reply

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