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.

Canada threats, blanket rates and ‘TACO’ create uncertainty for future - America’s trading partners brace for another series of tariff proposals that have blindsided allies

Donald Trump could spark more chaos and confusion in global markets after hinting that his latest deadline to impose major tariffs might once again shift on a whim. On Monday, Trump announced a sweeping new wave of 25 percent tariffs on more than a dozen countries,

University of Michigan professor Justin Wolfers updated the "TACO" acronym and expressed his concern about what could be about to happen.