2026-03-10 01:55:06

I learned a new term these days: Taco

Taco = Trump Always Chickens Out
Literal translation in Chinese: Trump Always Retreats / Trump Always Cowers / Trump Always Backtracks at Critical Moments
The origin is from May 2025, when Financial Times columnist Robert Armstrong used it to describe the typical pattern of Trump's trade policies during his second term (especially large-scale tariff threats):
- First, make super tough statements (impose 50%, 100% tariffs on the EU, China, Canada, etc.)
- Market panic and plummet
- After a few days/hours/days, change tone, delay, exempt, or soften significantly
- Stock market quickly rebounds
So Wall Street invented the “TACO trading” strategy:
Trump makes tough statements → quickly buy in at low prices (because he’s likely to back down) → profit from the rebound
Yesterday, oil prices plummeted from 119 to just over 80, which is a classic Taco trade showing a president chickening out.
Isn’t this just Trump drawing K-lines himself? Can’t I just avoid Taco, 😥? Is there still hope for the oil I bought at 100?

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