As Wall Street harasses several waves of tariff hazards from US President Donald Trump, a new trading mantra is holding among investors: Taco, less always chickens for Trump.Figure by Financial Times commentator Robert Armstrong, the term refers to a market pattern that has emerged during Trump’s unstable tariff policy swings. This idea is simple: When Trump threatens a large -scale tariff, do not panic, wait for him to walk back, then ride a relief rally. As of tomorrow, the pattern has repeated themselves, inspired traders to take their dangers with “a grain of salt – and a little bit of salsa”.When asked about this by a reporter, the President accepted the word on Wednesday. “I am chicken out? Oh, I have never heard,” Trump said with a smile during an oval office event before defending his record. “You mean because I had reduced China by 145% that I set 100 and then to another number?”Trump cried to markets last month after Trump increased tariffs on sugar imports by 145%, only later they were reduced to 30% after diplomatic pressure and investor backlash. Last week, Trump threatened 50% tariff on goods from the European Union, only European Union leaders delayed the move after allegedly requested for immediate negotiations.“Do you call that chicken out?” Trump shot back. “This is called conversation.”According to the President, determining a “absurd high” initial tariff rate is part of a comprehensive strategy to give concessions. “If I meet them to give them, I reduce the number,” he said.However, investors are decoding the pattern rapidly and making profits from it. Trump, after delay in the European Union tariff on July 9, was rally ralled by USMRates after Memorial Day Holiday, citing promising talks.“Taco business is real,” said a businessman on Wall Street, who spoke on the background. “Every time there is a danger, you wait for the reversal – this is like Tram tells Tram on the poker table.”
