President Donald Trump threw a fit on Wednesday after a reporter asked him about an insulting acronym being bandied about on Wall Street.
It’s called TACO, or “Trump Always Chickens Out,” and refers to how Trump often announces massive tariffs, which cause stocks to sink, then backs off, causing them to rise again.
Savvy investors say they’ve figured out how to make a bundle via “TACO” trades.
A reporter asked Trump about it on Wednesday, and the president did not like the question at all.
“I chicken out? I’ve never heard that,” Trump fired back, then defended his tariff strategy, which was rejected by a federal trade court later in the day.
