Bulwark Takes Trump Called a Chicken To His Face–He Loses It On Camera
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May 28, 2025 The hosts dive into a chaotic press conference where Trump faces a pointed question about the 'TACO' term that humorously underscores his reluctance to confront difficult issues. They explore intense discussions on trade negotiations and tariffs, especially with China and the EU, showcasing the highs and lows of his emotional responses. Finally, the analysis of the taco trade proposition opens up a conversation about market uncertainty and the potential fallout of Trump's unpredictable economic strategies.
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Trump Defends Tariff Strategy
- Trump dramatically reacts to being called a "chicken out" on tariffs, defending his negotiation style.
- He cites tariff adjustments and negotiation tactics as proof he's not backing down, illustrating his combative approach to trade talks.
Markets Bet Trump Backs Off
- Markets expect Trump to back down on tariffs, a phenomenon dubbed the "taco trade".
- This reflects investors pricing in Trump's inconsistency and lack of follow-through on trade threats.
Trump's Open Negotiation Tactics
- Trump openly admits to setting high tariffs to negotiate lower ones, revealing his straightforward strategy.
- Transparency about negotiating tactics undermines the element of surprise traditionally valued in trade talks.