Trump, TACO and tariffs
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Trump, Wall Street
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President Donald Trump doesn't like his new nickname 'TACO'. Here's why people are calling Trump TACO and the meaning behind the TACO trade acronym
President Donald Trump didn't like his new nickname 'TACO'. Here's why people are calling Trump TACO and the meaning behind TACO trade.
Trump dubbed it the "Liberation Day," but the crypto market, like the rest of the markets, got trapped in the aftershock. The crypto market cap declined from $2.74 trillion on Apr. 2 to $2.42 trillion on Apr. 8 due to the shock Trump's tariffs caused.
Buoyant markets may reflect hopes that the US president will always chicken out of imposing harsh tariffs. Yet Donald Trump now cites largely calm stocks as cause for fresh charges, such as a 35% Canada levy.
President Donald Trump complained to his aides about the lack of progress being made on trade deals as he was debating whether to push back his tariff deadlines yet again, according to a report. The president announced on Monday he was imposing a new wave of 25- to 40-percent tariffs on products from more than a dozen countries—including key trading partners such as Japan and South Korea—unless those countries reach new trade deals with the U.
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Raw Story on MSN'Lay off the links!' Critics roast 'TACO' Trump over flailing trade blitzTreasury Secretary Scott Bessent went back and forth with CNN's Dana Bash on Monday over whether President Donald Trump made the "90 deals in 90 days" he promised. Trump had paused his tariffs for 90 days,
President Donald Trump threatened to add a 10% tariff rate on BRICS-aligned countries. The term first applied to 4 countries but the group expanded.
Once again Trump has chickened out, pushing back his tariff pause deadline to the start of August. That's a relief to the Reserve Bank, which was facing grim reminders of its April debacle.