Trump responds to "TACO" deal, slams Wall Street for not understanding negotiations

There is a saying circulating on Wall Street now that Trump ultimately does not want to fulfill his extreme tariff threats. Trump is annoyed by this rhetoric, stating that his repeated retreats are part of a trade compromise strategy. "It's called negotiation," Trump said, explaining that as part of the negotiation, he intentionally "sets an outrageously high number" and then "adjusts it slightly downward." During an event in the Oval Office, Trump was asked to respond to reports of the so-called "TACO" deal. TACO stands for Trump Always Chickens Out, where investors buy low after Trump issues tariff threats, and when he eventually softens his tone, the stock market rebounds.