Description
Have you heard of the term “TACO”? It’s a funny phrase that stands for “Trump Always Chickens Out.” It’s been coined by a Financial Times columnist named Robert Armstrong. Basically, it’s a way of describing the president’s inconsistent stance on tariffs. Trump has promised to take tough action, threatened to impose high tariffs, and then backed down as many as 50 times, according to some financial experts. This has caused a lot of chaos in the stock markets, and some people see it as a good thing for wealthy investors who can make a lot of money by buying stocks when they’re low and selling them when they’re high.
