Donald Trump is accused of acting like a “chicken” on the tariff issue, which visibly annoyed him.
Reporter: Wall Street analysts have a new term called the TACO trade.. Saying Trump always chickens out on tariffs… Trump: I kick out?Reporter: Chicken out.
Trump’s unusual response came at a White House press conference, held on the heels of Jeanine Pirro’s swearing-in ceremony as acting federal prosecutor.
A CNBC reporter had then asked him if he wished to respond to the acronym TACO, recently popularized among financial analysts to refer to his tendency to back down in his tariff war.
Trump was visibly taken aback by CNBC reporter Megan Casella when she asked him about the phrase “Trump Always Chickens Out” and its acronym… TACO.
She wanted to know what he thought of this formula used by some analysts to explain why markets no longer react to his tariff threats, convinced that he always backs down in the end.
In reaction, he responded defensively to the journalist when he finally understood the meaning of the question a few moments later, claiming that his actions were part of the “Art of the Deal”, putting tariffs too high to scare people…
Clearly annoyed, Trump concluded his response by calling the question “nasty”, categorically rejecting the idea that he might have backed down.
The segment, broadcast live, quickly went viral…