intro > "There's certainly a lot of uncertainty right now," said CNN's John Berman.
"Alyssa, I'm really curious because you've been there in this White House or in the White House with this president before. He's caught in between some different waves here. I mean, he has good political sense, and he knows that he's benefited politically in the last few weeks [by] backing off the tariffs a little bit, but he hates being ridiculed, and you have people now talking about 'TACO' trades – Trump always chickens out with these tariffs – and then you have his willingness and desire to fight the judges. I wonder where you think this might be headed for him."
President Donald Trump finally got an "off-ramp" from his deeply unpopular trade wars, said one of his former White House aides, but the sudden popularity of a mocking nickname might compel him to double down.
The president has been announcing punishing tariffs against China and other U.S. trade partners, sending markets into a tailspin and forcing him to back off, and Wall Street traders have been banking on his predictably lurching economic policy with what they call "TACO" trades – meaning "Trump Always Chickens Out" – and former White House staffer Alyssa Farah Griffin told "CNN News Central" the acronym might backfire.
No comments:
Post a Comment