There was a reason for President Donald Trump’s particularly caustic response when a reporter asked him Wednesday about a new term coined about the president’s tariffs: TACO, or Trump Always Chickens Out.

The term TACO, which means Trump Always Chickens Out, was coined by Financial Times columnist Robert Armstrong.

"The only thing that would make it worse is if somebody changed the lyrics to a song by his beloved Village People."

Donald Trump is “clearly rattled” after being confronted with the his new “TACO” nickname during a press conference earlier this week, says CNN’s Erin Burnett. The president had a meltdown on Wednesday after being made aware of the acronym,

The acronym stands for "Trump always chickens out" a jab at the president's propensity to impose or threaten steep tariffs and later back off.

President Donald Trump’s trade policy has a new nickname: TACO trade. And, as a result, “The View” host Ana Navarro expects Taco Tuesdays to be banned nationwide pretty soon.

President Donald Trump, it would seem, is not one for a “TACO.” The taco in question is not a dish made with tortillas, but rather a reference to how markets are responding to his tariff policies.

"TACO trade," which stands for "Trump always chickens out," was coined by Financial Times columnist Robert Armstrong but has since spread across Wall Street and the internet.

The fake footage also depicts a distinctly long building beneath the letters supposedly on the Mar-a-Lago property, but Google Earth imagery of Mar-a-Lago does not appear to show