New tariffs: Does ‘Trump Always Chicken Out’? (TACO) | About That

U.S. President Donald Trump's unpredictable tariffs have led many to describe his trade policy with the acronym TACO, short for "Trump Always Chickens Out". But is he actually chickening out — or is it a negotiating tactic? Andrew Chang looks at what Trump may gain — and lose — by backing off from his most extreme policies.

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