Friday, May 30, 2025

Poll: Will Trump Tariffs Risk GOP Control of Congress?

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Will Trump Tariffs Risk GOP Control of Congress?

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Donald Trump is being mocked by Wall Street with the nickname “TACO” (“Trump Always Chickens Out”) for frequently backing down on aggressive tariff threats. The term, coined by the Financial Times, reflects a pattern where Trump announces steep tariffs, then retreats, creating market swings that investors exploit. Trump has strongly rejected the nickname, calling it offensive and denying any weakness. Critics argue the flip-flops create instability in global trade, while Trump claims his unpredictability is a strategic tool to pressure other nations.


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