Trump Defends Tariff Tactics as Strategic Negotiation Tool

President Donald TRUMP countered criticisms of his fluctuating tariff threats, dismissing the ’TACO trade’ label—a term mocking his perceived reversals. The acronym, standing for ’Trump Always Chickens Out,’ reflects market volatility following his tariff announcements and subsequent walkbacks.

At a WHITE House briefing, Trump rejected claims of backing down, framing his approach as calculated negotiation. ’It’s actually called negotiation,’ he asserted, citing the EU’s willingness to engage after he threatened 50% tariffs. The levy was paused days later, a move Trump characterized as strategic leverage.

The pattern highlights how geopolitical maneuvers can Ripple through risk assets, including cryptocurrencies. While no direct crypto impact is noted here, traders monitor such macro developments for potential market sentiment shifts.