TACO Trump? President lashes out at 'Trump Always Chickens Out' talk. Hilarious. | Opinion
These unpatriotic nerds who understand the economy should be ashamed of themselves for suggesting our bold, strong, vibrant president would ever chicken out.
Apparently, some of the snoots on Wall Street have spotted what they believe is a trend in the way our business genius in chief, President Donald Trump, uses tariffs.
He smartly slaps hefty tariffs on various countries for various reasons and then just as swiftly turns around and lowers them, having accomplished something only he is smart enough to fully understand.
That on-again/off-again strategy has led Wall Street analysts to use the extremely rude and possibly illegal term “TACO,” or “Trump Always Chickens Out.”
Stop calling Trump a tariff chicken. He's definitely not a tariff chicken.
After recently announcing 50% tariffs on countries in the European Union, Trump backed off and said the tariffs are now delayed until July. That led Paul Donovan, chief economist of UBS Global Wealth Management, to write: “These retreats are so frequent that investors should rationally expect them.”
THAT IS VERY RUDE, PAUL DONOVAN.
Trump deflects TACO label by explaining how he always chickens out
These unpatriotic nerds who understand the economy should be ashamed of themselves for suggesting that our bold, strong, vibrant president would ever chicken out. And he let the press know about that in no uncertain terms when he was asked about the TACO label at the White House on May 28.
“Oh, I chicken out. I’ve never heard that,” Trump said. “You mean because I reduced China from 145% that I set down to 100, then down to another number?”
Well, yes, I suppose a person who hates America could technically call that chickening out.
Forgetting it was you who set the absurdly high tariff is a smart strategy
Trump continued making perfect sense: “It’s called negotiation. You set a number, and if you go down. You know, if I set a number, a ridiculous high number and I go down a little bit, you know a little bit, they want me to hold that number, 145% tariff. Even I said, ‘Man, that really got up.’ … I said, ‘Where are we now?’ We’re 145%.’ I said ‘Whoo, that’s high.' ”
Foolish rude-nickname-generating Wall Street goons don’t understand the subtle art of negotiation, which, according to President Trump, author of “The Art of the Deal,” involves letting everyone know that you always start by setting an artificially high number, then you forget it was you who set that number, then you act surprised at how high the number is. Duh.
Trump doesn't want people to know he's mad at being called a chicken
Trump concluded by lashing out at the reporter who dared ask the TACO question: “Don’t ever say what you said. That’s a nasty question. To me, that’s the nastiest question.”
One can assume the president will later downgrade his criticism of the question to “half-nastiest,” then say he will withhold his criticism for one month before finally lowering his criticism of the question to zero, having smartly gained nothing.
That’s the art of the deal, baby. And it is DEFINITELY NOT chickening out!
Follow Paste BN columnist Rex Huppke on Bluesky at @rexhuppke.bsky.social and on Facebook at facebook.com/RexIsAJerk