Trump Always Chickens Out (“TACO”) trade has been getting a lot of press.
The trade is on the basis that whatever Trump does which is negative, won’t matter because the US will bounce back. This is probably the stupidest thing I’ve heard. The fact that people let Trump do stupid stuff makes the US a sell!
If Republicans showed some modicum of self-respect they would take the power to tariff away from Trump. They don’t so the TACO trade is eventually going to fail.