Impromptu Is Trump chickening out on foreign policy?
9 snips
Jun 3, 2025 
In this engaging discussion, Catherine Rampell, a columnist at The Washington Post, and Jim Geraghty, a senior political correspondent for National Review, dissect Trump’s foreign policy strategies. They explore Wall Street's skepticism about Trump's tariff threats, coining the term TACO. The duo analyzes his muddled approach to pressing global issues like Ukraine and Iran, highlighting the challenges of making meaningful political deals amidst his unpredictable tactics. Their insights reveal a complex landscape of national security and economic implications.
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Tariff Chaos Hurts Businesses
- A businessman selling artificial Christmas trees experienced wildly fluctuating tariffs, making budgeting impossible.
- Some container ships may delay arriving to land in lower-tariff windows, showing real trade disruption.
TACO Label's Double-Edged Sword
- Trump's quick tariff reversals show erratic decision-making but can be advantageous when correcting mistakes.
- The "TACO" label reveals a risk that Trump might stick to harmful policies to avoid appearing weak.
Conflicting Tariff Objectives
- Trump's tariff shifts stem from conflicting objectives like revenue generation and manufacturing reshoring.
- Without clear priorities, tariff swings create economic uncertainty and risk.