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Trump Always Chickens Out’: Taco Jibe Ruffles President’s Feathers - Foreign Affairs - Nairaland 40k1y

Trump Always Chickens Out’: Taco Jibe Ruffles President’s Feathers (9933 Views)

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abc115: 9:19am On May 31
Trump Always Chickens Out – or Taco for short. Investors like narratives to explain the financial world, and they appear to have seized on this one: whenever Donald Trump faces a market backlash, he will back down.

It would be fair to say the US president did not take kindly to the suggestion that he was being a “chicken” when asked by a reporter at the White House about the term that is gaining traction on Wall Street.

“Oh isn’t that nice – ‘I chicken out.’ I’ve never heard that,” Trump mused on Wednesday in response to the reporter’s question on the so-called Taco trade. He then launched into extended comments on how high the tariffs he imposed on China were, and how he had “helped” China by cutting them.

“But don’t ever say what you said,” he added to the reporter. “That’s a nasty question.” Apparently riled, he later returned to the theme, insisting that he was no chicken, and that often people accused him of being too tough.

But recurrent retreats by Trump have become the basis for stock markets rebounding after falls, even as the US president has raised tariffs to their highest level in more than a century.

The S&P 500, the US stock market benchmark, has gained about 1% during 2025, despite a deep slump in April as Trump announced “liberation day” tariffs on trade with most countries in the world.

The stock market rise appears to have been aided by the Taco trade narrative: that market turmoil will correct the president’s course and allow companies to keep on making strong profits. That belief will strengthen if courts uphold Wednesday night’s ruling by New York’s court of international trade that Trump’s tariffs have been imposed illegally.
https://www.theguardian.com/us-news/2025/may/29/trump-always-chickens-out-taco-investors-narrative

7 Likes 2 Shares

Bhella5(m): 9:46am On May 31
Like Trump like Agbotikuyo grin

21 Likes 5 Shares

AOB1: 10:31am On May 31
Nonsense
Nahunger(m): 10:31am On May 31
angry
Ok6
SarkinYarki: 10:32am On May 31
Still the best President on earth

12 Likes 1 Share

inoki247: 10:32am On May 31
Lol True Definition of Enu PO shocked shocked


Starting what you can't finish...


Always coming online to cap 247 even third world country leader are not addicted to SM like that...

14 Likes 2 Shares

emmancipated(m): 10:34am On May 31
Taco president.
That's the problem with people that often makes hasty decisions without thinking it through.

32 Likes 3 Shares

Osiris12: 10:35am On May 31
Trump is too petty


Very soon no one will take him serious.
He’s just wasting the power the seat of potus commands



One DAY in this lifetime, my speech go dey affect stock market

24 Likes 2 Shares

MMempire(m): 10:35am On May 31
TACO! Laugh in swahilli.

1 Like

treatise: 10:39am On May 31
Osiris12:
Trump is too petty


Very soon no one will take him serious.
He’s just wasting the power the seat of potus commands



One DAY in this lifetime, my speech go dey affect stock market
He's already a laughing stock.

15 Likes 1 Share

kmaster007: 10:41am On May 31
Dey play
SarkinYarki:
Still the best President in earth

5 Likes 3 Shares

fredoooooo: 10:44am On May 31
Putin dey laugh

36 Likes 1 Share

gigabyte13: 10:45am On May 31
inoki247:
Lol True Definition of Enu PO shocked shocked

Cho cho cho cho president...
That question really pain am
You no
When people give you names behind you and one ELENUGBORO come talk am to your face.

16 Likes 1 Share

Originalsly: 10:49am On May 31
grin grin TACO! .... I'm almost sure he'll go after Taco Bel never mind the company has nothing to do with the term. I'm not at all surprised he was infuriated ... and I suspect it's more because Taco is Mexican ...he will interpret it as being referred to as a Mexican.

10 Likes

omoredia: 10:55am On May 31
Haha the losers are still in pains.
omoredia: 10:56am On May 31
If una like una no go still get visa

1 Like

Successsearch90(m): 10:59am On May 31
Lol Trump my man cheesy
Dogalmighty17: 11:00am On May 31
The man is an imbecil(e) and a (m)oron. He lacks the ability to think anything through and keeps stumbling from one disaster to another. The whole world mocks him because he truly is one of the most stupid persons to have walked the face of the earth.

13 Likes 3 Shares

iykololo(m): 11:01am On May 31
SarkinYarki:
Still the best President in earth

In earth maybe, on earth No!

14 Likes 1 Share

atobs4real(m): 11:02am On May 31
Trump is not really serious based on my opinion. He always back out when he sees that people are against his wish

3 Likes 1 Share

Arostar2023: 11:05am On May 31
gigabyte13:


Cho cho cho cho president...
That question really pain am
You no
When people give you names behind you and one ELENUGBORO come talk am to your face.

Dem go blacklist that reporter grin

1 Like

MrSly(m): 11:05am On May 31
emmancipated:
Taco president.
That's the problem with people that often makes hasty decisions without thinking it through.
It is even better he chickens out for interest of the people he rules. One tinubu in nigeria made the same hasty decision by removing fuel subsidy and floating naira with adequate studies and uphill now he is still hanging in it due to pride and greed.

2 Likes

CommonSense1967: 11:06am On May 31
TACO man grin grin

Another perfect name for the VILLAGE IDIOT.

4 Likes 1 Share

Adakintroy: 11:07am On May 31
Anything not to give trump credit for rebound.

If the market slump its trump. If it gain is the market turmoil creating their own narration. auto immune respense to correct itself.


American intellectials are very petty.
Fiscus105(m): 11:09am On May 31
His ego elevated when he bullies the high and mighty, but very weak the real fight comes

2 Likes

Commentor: 11:11am On May 31
TACO.
grin
P1PrinceKT(m): 11:14am On May 31
emmancipated:
Taco president.
That's the problem with people that often makes hasty decisions without thinking it through.

He is emotional with his decisions.

2 Likes

Georgry(m): 11:18am On May 31
MrSly:

It is even better he chickens out for interest of the people he rules. One tinubu in nigeria made the same hasty decision by removing fuel subsidy and floating naira with adequate studies and uphill now he is still hanging in it due to pride and greed.

Tinubu is such a disaster especially with the economy of Nigeria but he parade better leadership qualities than Trump, Trump is a clown and he has successfully demystify the perceived omnipotent power of the United States president because of his stupidity.

5 Likes

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