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"TACO trade," which stands for "Trump always chickens out," was coined by Financial Times columnist Robert Armstrong but has since spread across Wall Street and the internet.
1:10
Pool
  • ABC News
  • Donald Trump
  • May 29, 2025

Trump lashes out at viral 'TACO trade' meme. What does it stand for?

"TACO trade," which stands for "Trump always chickens out," was coined by Financial Times columnist Robert Armstrong but has since spread across Wall Street and the internet.

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