President Trump criticized a emerging philosophy of Wall Street on Wednesday in response to his constantly evolving pricing policies.
The term “tacos trade” – apparently first invented by financial time At the beginning of the month – stole around Wall Street in recent weeks and has entered even more in the conscience of the public in recent days.
The acronym represents “Trump always chickens”. The scheme is clear: Trump announces heavy prices, sending markets in shock until he is backing down, sending flying markets.
A journalist asked Trump at the White House on Wednesday for his response to the school of thought. He did not seem to be aware of the acronym, but did not have the pleasure of learning his meaning either.
“Isn’t it so nice … I have never heard that,” he said, before embarking on a defense of recent movements. Earlier in May, the United States reached relaxation with China after the countries won over the massive rates. Last week, Trump announced massive prices of 50% on EU imports, to go back a few days later and postpone his deadline for more negotiation time.
“After doing what I did, they said,” We will meet at any time, “said Trump about the EU. He said about China: “In many ways, I think we really helped China.”
“Never say what you said,” Trump then told the journalist. “This is an unpleasant question.”
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