What a SURPRISE. Little Lord Lardass does not like the new "T.A.C.O." acronym. "DON'T EVERY SAY WHAT YOU SAID!" [View all]
Trump was just asked about the TACO trade for the first time. He called it the nastiest question
https://www.cnn.com/2025/05/28/economy/trump-wall-street-taco-trade-nastiest-question
I chicken out? Oh, Ive never heard that. You mean because I reduced China from 145% that I set down to 100 and then to another number? Trump said Wednesday, referring to tariff rates he imposed on imported Chinese goods. (The rate is now 30%, after Trump raised it as high as 145% last month, much to investors dismay, only to reduce it a few weeks later.)
You call that chickening out? Trump responded to a reporter at an Oval Office event Wednesday, referring to his recent announcements on EU and Chinese tariff rates.
Its called negotiation, Trump added, saying that part of his tactic can include setting a ridiculous high number for tariff rates and going down if he gets other nations to give in to his demands.
Dont ever say what you said, Trump told the reporter, calling it the nastiest question.