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TACO abroad, boss at home: Trump may be losing against China or Iran, but still controls MAGA | World News

Eric Trump, President Donald Trump and Larry Glick watch the Maaden LIV Golf tournament at Trump National Golf Club, in Sterling, Va. AP/PTI(AP05_10_2026_000001A) There’s a line to describe Trump’s foreign policy jaunts that’s particularly popular on social media: TACO which stands for Trump Always Chickens Out. And that might be true abroad whether it’s against…

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‘Taco’ out, ‘Nacho’ in? Wall Street coins new Donald Trump term before China visit

Wall Street’s menu of market acronyms has officially moved from Tacos to nachos and investors are discovering this new trade comes with a much spicier aftertaste.After months of betting on the “Taco” trade — shorthand for “Trump Always Chickens Out” — traders are now embracing “Nacho”, or “Not A Chance Hormuz Opens”, as fears grow…

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Move over TACO, NACHO takes over: Trump earns new nickname amid oil disruption from Strait of Hormuz blockade

US President Donald Trump has earned a new nickname as tensions over Iran and the Strait of Hormuz fuel fresh market and political commentary. Analysts are now moving from the earlier ‘TACO’ label for US President to a new term ‘NACHO’.The shift comes amid ongoing blockade between the Trump administration and Iran over control and…

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Another TACO? Trump administration may delay long-promised semiconductor tariffs amid China concerns — report

File photo: US President Donald Trump and Chinese President Xi Jinping (Picture credit: AP) The Trump administration may postpone the rollout of long-promised semiconductor tariffs, despite earlier indications that the measures would be announced soon. According to news agency Reuters, US officials have privately told government and industry stakeholders over the past few days that…

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