The article discusses the chaotic nature of tariffs announced and retracted by President Trump, emphasizing the confusion and frustration experienced by economists and corporate executives. The term "TACO"—Trump Always Chickens Out—was coined to describe his tendency to retract bold moves. Recent tariffs on Canada, and a broader set of tariffs announced on Liberation Day, highlight the unpredictability in trade policy. Changes have been frequently challenged in court, leading to a cycle of policy reversals, which appear to leave observers bewildered.
A lot happens under Donald Trump, but a lot un-happens, too.
The president's policies have been in a permanent state of being undone ever since they were created.
Trump seems to back out of his own brinkmanship, which Financial Times columnist Robert Armstrong has termed TACO, or 'Trump Always Chickens Out.'
Economists and corporate executives have expressed confusion, fury, and resignation regarding Trump's erratic tariff policies.
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