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Donald Trump responds to "TACO" transaction, blasts Wall Street for not understanding negotiation

Donald Trump responds to "TACO" transaction, blasts Wall Street for not understanding negotiation

2025-05-29 04:49

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ChainThink reports: A rumor is circulating on Wall Street that Trump is ultimately unwilling to fulfill his extreme tariff threats. Trump is annoyed by this claim, stating that his repeated retreats are part of a trade compromise strategy. "This is called negotiation," Trump said, adding that he intentionally "sets an extremely high number" as part of the negotiation, then "slightly lowers it." During an event in the Oval Office, Trump was asked to respond to reports about the so-called "TACO" deal. TACO stands for "Trump Always Chickens Out" (Trump Always Backs Down). In this deal, investors buy low after Trump issues tariff threats, and when he eventually softens his tone, the stock market rebounds.

Disclaimer: Contains third-party opinions, does not constitute financial advice

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