#TRUMP ALWAYS CHICKENS OUT — Lessons for #Russia, #China, and #IranThere’s a new acronym that has taken Wall Street by storm — #TACO. The term stands for “Trump Always Chickens Out” and refers to Trump’s track record of backing down on tariffs whenever he sees a backlash in financial markets
It’s gotten to the point where investors have begun buying stocks at lower costs after Trump announces new tariffs or increases them, with the assumption that it’s only a matter of time before he delays or cancels them.
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The same rule applies for #Trump’s foreign policy decisions. He promises to annex #Greenland and #Canada, but then backs down. He promises to bomb the (Ansar-Allah) Houthis into submission, but then quietly declares a ceasefire after the US loses several #F22s.
He declares trade war against #China, 'But now finds himself begging #XiJinping for deescalation'Now he’s trying to threaten #Russia & #Iran into submitting to his diplomatic ultimatums. But our suspicion is that when push comes to shove, #Trump will ultimately choose disgrace over war
At the end of the day, his bark is far more impressive than his bite.
23:33 - 31 May 2025