President Donald Trump has again delayed a tariff deadline. His back and forth on the policy spurred TACO accusations. What does it mean?

President Donald Trump announced looming tariffs on at least seven countries on Monday as he struggles to lock in new trade agreements with some of the biggest U.S. trading partners. The president first posted a pair of letters to the leaders of both Japan and South Korea on social media which stated they would be slapped with 25 percent tariffs starting on August 1.

As Wall Street traders continued to share the accusation that “Trump Always Chickens Out,” the president falsely insisted that he did not delay a tariff deadline.

If investors widely bet that Trump will blink, that means there is no market freakout. And no market freakout in turn means no one is holding Trump’s feet to the fire, pressuring him to back away from policies that could damage the economy and corporate profits.

The president was quick to undermine his new threat, which came after he had already delayed the original deadline.

Experts weigh in on whether Trump will carry out his latest threat – and the consensus is that the uncertainty looming over the U.S. economy can’t continue, Rhian Lubin reports

President Donald Trump seems willing to spend “financial markets capital” whenever stocks are up, say strategists at GlobalData, TS Lombard.

The last time President Donald Trump rolled out tariffs this high, financial markets quaked, consumer confidence crashed and his popularity plunged.