There may be a lot of things for U.S. President Donald Trump, but he wants the world to know that he is not a “chicken” in fiscal policy, although it seems to be a retrograde trend in the face of resistance from economic partners and enemies, a behavioral financial analyst who created the “taco” trade.
The president tends to threaten and then temporarily imposes outrageous import taxes on U.S. trading partners, only to retreat when retaliation is accepted, paving the way for the abbreviation created by the Financial Times Robert Armstrong.
It stands for “Trump is always chicken” and has encapsulated what Trump calls a legal form of negotiation. Under the conditions created by his unstable actions, when new tariff threats arise, the market tends to sell and then recover after the president retreats.
When asked about the unfavorable phrases at a press conference in the Oval Office on Wednesday, the president seemed to offend him and refused to develop a habit of exiting the deal.
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“Do you call that chicken?” Trump said. “This is called negotiation.”
author The art of trading Added that he set a “ridiculous number, I'm down a little bit,” he doubled his position, thinking it was an effective bargaining strategy.
He added: “Six months ago, this country died, we have a country that people think we want to survive, and you asked an annoying question.”
Trump defended his decision to raise China's tariffs to 145%, but reduced it to 30% within 90 days during negotiations. Similarly, last week he threatened to impose a 50% tax on the European Union as of June – but quickly delayed the start date until July 9 for negotiations, while the 10% start continued.
Trump claims that the EU would not have negotiated if it weren't for his high tariff threats.
Similar fallouts on electronics and the general tariffs announced by Trump on April 2 are based in part on individual trade deficits with other countries.
President Donald Trump spoke at an event, announcing the announcement of new tariffs at the White House Rose Garden in Washington on April 2, 2025.
Mark Schiefelbein/ Getty Images
His visionary antics have caused chaos in the global stock markets, which have been forced to fluctuate dramatically.
Trump claims that his global economic policy has created $14 trillion in new investment in the United States, a figure that seems to be exaggerated and official data is not fully supported.
“We have $14 trillion in investment now…When Biden doesn't actually have anything, Biden.” The president concluded, “This country is dying, you know the hottest country in the world, I went to Saudi Arabia and the king told me.”
As of Wednesday afternoon, the S&P 500 has risen slightly this year so far. However, this number has dropped by 15%, reflecting the volatility created by Trump's ever-changing policies.
– Documents with the Associated Press
& Copy 2025 Global News, a division of Corus Entertainment Inc.
