Donald Trump Responds to 'TACO Trade' Acronym and Tariff Negotiations

Response to 'TACO Trade'

• 🗣️ President Trump addressed the "TACO trade" acronym, coined by Wall Street analysts to mean "Trump always chickens out" on tariff threats.
• ❓ He expressed unfamiliarity with the term, calling the question "nasty."

Defense of Tariff Actions

• 📈 Trump defended his negotiation tactics, citing reductions in tariffs imposed on China (from 145% down to 100% and then another number) and the European Union (a 50% tariff).
• 🤝 He stated that these actions prompted the EU to agree to immediate meetings, with an end date set for July 9th.
• 🇺🇸 The President asserted that his trade policies revitalized the United States, which he described as "stone cold dead" six months prior.
• 💬 He characterized his approach as negotiation, suggesting it ultimately helped China by preventing a complete halt in business due to high tariffs.