TACO 'Strikes Again,' Says Peter Schiff As Trump Calls Xi Jinping 'Wonderful President' Amid China Trade Escalation: What Economists Are Saying
On Sunday, in a post on X, economist Peter Schiff said, “TACO strikes again,” a term recently coined by traders and a shorthand for “Trump Always Chickens Out,” referring to Trump’s history of making threats but not following through on them, especially when it comes to tariffs.
Schiff said this after Vice President JD Vance downplayed Trump’s 100% tariff threat against China, calling it a “negotiation tactic.”
“It's not the best negotiation strategy to let your opponent know that you're bluffing,” Schiff said, while adding that Trump, too, had posted about “his great relationship with China's wonderful president.”
https://finance.yahoo.com/news/taco-strikes-again-says-peter-183104133.html
|
