How a financial columnist coined ‘TACO’ to describe Trump’s tariffs flip-flops

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As It Happens 5:58 How a financial columnist coined 'TACO' to describe Trump's tariffs flip-flops Wall Street has a new buzzword: TACO. But it's not about food — it's a tongue-in-cheek acronym directed at U.S. President Donald Trump's approach to trade policy. TACO stands for "Trump Always Chickens Out," a phrase coined by Financial Times columnist Robert Armstrong in a May 2 opinion piece . The term refers to Trump's pattern of announcing steep tariffs only to backpedal in the face of market turmoil. Most recently, on May 26, Trump postponed a planned 50 per cent tariff on European imports...