President Donald Trump faced an acronym pointed to his commercial policies this week, and although he may sound tasty, the phrase seemed to leave a bad taste in the president’s mouth.
“Trade de Tacos”, which represents “Trump always of the chickens”, was coined by Financial Times Robert Armstrong columnist But since then it has spread by Wall Street and the Internet, mocking the president’s tariff policies.
The feeling behind the phrase is that despite raising steep tariffs against countries, specifically China and the nations of the European Union, Trump has repeatedly withdrawn the deadlines, has reduced the percentages of rates and removed from the initial demands, according to Armstrong.
Investors participate in the “Taco trade” buying shares at lower costs after Trump announces new rates or increases them, then obtains the benefits when the markets recover as it is delayed or supported.
While sending questions from journalists at the Oval office on Wednesday, a journalist requested Trump’s reaction to the now Viral Wall Street Jab.
“Oh, can I get chicken? Isn’t it good? I have never heard that,” Trump said.
The president defended his decision to reduce tariffs on China for 90 days and delayed the deadline for 50% of tariffs in European Union countries until July 9.
“Do you call that Chickening?” Trump asked, appearing visibly agitated by the question, which he called “unpleasant.”
President Donald Trump speaks the press at the White House in Washington, on May 28, 2025.
Jim Watson/AFP through Getty Images
“I think we really helped China greatly because, you know, they were having great difficulty because we were basically going to be cold from Turkey with China,” the president continued. “We weren’t doing business due to the rate, because it was very high. But I knew.”
“Never say what you said,” Trump told the journalist. “That is an unpleasant question.”
Trump’s tariffs, announced in April about what the president called “Liberation Day,” revoked decades of the United States commercial policy, interrupted global trade and left the stock market in a flow state.
However, the legality of Trump’s radical tariffs is in the legal limbo after a panel of three judges of the United States International Trade Court ruled that Trump exceeded his authority when he invoked the International Emergency Economic Powers Law of 1977 to declare a national emergency and justify the global levies.
The Trump administration appealed the decision on Thursday, and the court temporarily delayed the order of the judges.
The court has established an information schedule until June 9.
