Trump, TACO and Tariff
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Markets may be mispricing tariff risks. Find out why record customs revenue, low volatility, and past patterns make a retreat less likely this time.
May 12 (Flip-Flop No. 14) After Trump publicly floated a potential 80% tariff rate on Chinese goods, Treasury Secretary Scott Bessent and Chinese officials announced a 90-day pause on the worst of ...
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Donald Trump's tariff policy boosts US revenue. Customs duties hit a record $64 billion in the second quarter of 2025. Most nations avoid retaliation,
What has Trump done with tariffs that prompted 'TACO trade' The Trump administration has issued tariffs on imports from top trade partners like Mexico, Canada and China that have subsequently been ...
Trump's TACO policy threatens India's agricultural sector as BRICS faces US hostility and tariff unpredictability.
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
China, India, Russia and other members of the BRICS economic club. “At the end of the day, no one really anticipates most of these tariffs will go into effect. The TACO trade is still the market’s expectations,” said Ed Mills, Washington policy ...
That was the strategy behind backing off of his 145% tariff on China, which even Trump regarded as “high,” and has now been reduced to 30%. “Even I said, 'Man, that really got up,'" Trump ...
The ‘TACO trade’ persists: Markets plunged in April after Trump announced his new tariff plan, which would impose historically high import fees on goods from most countries around the world.