CNN’s resident data guru says President Donald Trump’s hated “TACO” nickname is gaining popularity. Short for “Trump Always Chickens Out,” TACO has been increasingly thrown around on Wall Street to describe President Donald Trump‘s frequent flip-flops on tariffs and other signature policies.

Political cartoonists take on America's tariffs, Vladimir Putin waiting for taco Tuesday, and a new presidential seal.

Four months into President Donald Trump's second term, market observers have taken a cue from his fondness for condensing slogans into catchy acronyms like MAGA, DOGE and MAHA, and devised a few of their own that have been spreading across trading desks.

The new reporting comes after Trump lashed out at a reporter on Wednesday for asking him about the acronym, which has reportedly been used in Wall Street circles as a way to quell fears about his tari

Wall St’s TACO tariff code is good for Trump, ‘If he can take the win,’ ex-staffer reveals to CNN - The new acronym, short for ‘Trump Always Chickens Out,’ is a jab at the president’s trade war tactic

The president made it clear he doesn't like the 'TACO' term so he probably would not be happy with these numbers

On May 29, 2025, footage allegedly showing the word "TACO" spelled out in contrail vapor above U.S. President Donald Trump's residence in Florida, Mar-a-Lago, circulated the internet. The video spread across multiple platforms, including X ( archived ), TikTok ( archived ), Facebook ( archived ), Instagram Threads ( archived) and YouTube .

A Financial Times journalist created the inflammatory acronym to describe President Trump's actions amid his ongoing trade war