Trump Freaks Out When He Learns About Humiliating New Nickname

The president is taking his new Wall Street nickname very personally.

Earlier this month, Financial Times columnist Robert Armstrong coined an acronym to describe a popular new trading strategy centered around Donald Trump’s start-and-stop tariff policies: TACO, or “Trump Always Chickens Out.”

But when confronted with the reality of his new reputation, during a White House press briefing Wednesday, Trump flipped out.

“I kick out?” Trump said initially, misunderstanding the acronym.

“Chicken out,” the reporter clarified.

“Oh, isn’t that nice. ‘Chicken out,’ I’ve never heard that,” Trump said before ranting that he hadn’t lacked follow-through on his trade policies, referring to his arrangements with China and the European Union. Instead, Trump claimed that he had heard complaints he was too tough.

“You call that chickening out? Because we have $14 trillion now invested, committed to investing—when Biden didn’t have practically anything; Biden, this country was dying,” Trump said. “You know, we have the hottest country anywhere in the world. I went to Saudi Arabia, the king told me, he said, ‘You’ve got the hottest count—we’ve got the hottest country in the world right now.’ Six months ago, this country was stone-cold dead. We had a dead country.

“We had a country of people that didn’t think it was going to survive, and you ask a nasty question like that,” Trump continued, apparently blaming the media for reporting on the talk of the town.

The Art of the Deal author then continued to rant about how he had gone high on his initial tariff proposals with the aim of keeping the final negotiation at a higher rate than previously accepted. (This has proven to not be the case. In the last month, several countries, including South Korea and Japan, have decided to follow China’s tariff negotiating strategy, gambling that public pressure from within the U.S. will force the Trump administration to fold on its unpopular trade policy before their own economies feel the sting.)

“Don’t ever say what you said. That’s a nasty question. To me that’s the nastiest question,” Trump scolded the reporter.

In a Wednesday note obtained by Market Watch, Sevens Report Research founder Tom Essaye insisted that Trump does, in fact, always chicken out. So far, that’s been true for enacting additional tariffs on Mexico and Canada, postponing his “reciprocal” tariff plan on dozens of countries after his “Liberation Day” announcement went south, delaying a tariff on imports from the European Union, and smashing his plan to fine China, temporarily decreasing tariffs on Chinese products to 30 percent from 145 percent.

“So, the returns are somewhat conclusive: The TACO trade has worked and buying stocks on extreme tariff-related threats has worked,” Essaye wrote, noting that the known gambit’s growing popularity will translate to diminished returns.

As the Russians predicted, the U.S. president’s “fire” has amounted to nothing.

Speaking with reporters in the White House Wednesday, Donald Trump was unable to pinpoint one consequence that Russia would face for continuing to attack Ukraine.

“Well, I’m not going to tell you exactly,” Trump said when asked. “The words speak pretty loud. We’re not happy about that situation.

“I think we’re going to see something very sensible, because there are only two outcomes,” he continued, completely evading specifics. “There’s a smart outcome and a violent outcome, and I don’t think anybody wants to see the second.… They still have to agree to the final stages of a document.”

On Tuesday, Russian state media effectively called Trump’s bluff, predicting that he wouldn’t have any follow-through on a social media–posted threat that Russia was “playing with fire” by refusing to negotiate toward an achievable peace deal with Ukraine.

Trump’s heavy hand on Ukraine and his repeated concessions toward Russia’s enduring violence have been interpreted by Kremlin propagandists as a massive win for Russian President Vladimir Putin, resulting in televised laughter at the downfall of American power. In the months since he took office, Trump has claimed that Russia has come ready and willing to reach a peace deal, even though many of their demands—such as staking a Russian flag in Crimea—reverse long-standing U.S. policy.

Following a deadly airstrike on Kyiv over the weekend, European leaders urged Western countries to enact sanctions on Moscow as a way to reel Putin back to the negotiating table. But when pressed Wednesday as to why America was still wringing its hands, Trump claimed that applying pressure would “hurt” a deal.

“If I think I’m close to getting a deal, I don’t want to screw it up by getting that,” Trump said, before attempting to redirect blame for the ongoing conflict. “This isn’t my war, this is Biden’s war, Zelenskiy’s war, and Putin’s war. This isn’t Trump’s war. I’m only here for one thing, to see if I can end it.”

But it’s unclear exactly how or when Trump will accomplish that. The president—who campaigned on a pledge to end the war within days of returning to the White House—told reporters Wednesday that he would circle back within two weeks with an answer as to whether Putin is even interested in ending the conflict.

Just about everyone in the U.S.—including Trump’s own party—wants the White House to act. Earlier this week, Senate Republicans resorted to begging Trump to take a stand against Russia while they mulled over the possibility of going over his head to enact the internationally recommended sanctions.

“The sanctions bill has 82 co-sponsors,” Senator Lindsey Graham wrote in a Wall Street Journal op-ed Tuesday. “As [Senator John] Thune said last week, if Mr. Putin continues to play games, the Senate will act. I’m hoping for the best, but when it comes to the thug in Moscow, we should all prepare for more of the same.”

Secretary of State Marco Rubio announced some bizarre new visa rules Wednesday against foreign officials curtailing the rights of Americans.

“For too long, Americans have been fined, harassed, and even charged by foreign authorities for exercising their free speech rights,” Rubio announced on X. “Today, I am announcing a new visa restriction policy that will apply to foreign officials and persons who are complicit in censoring Americans. Free speech is essential to the American way of life—a birthright over which foreign governments have no authority.”

In a follow-up post, Rubio said, “Foreigners who work to undermine the rights of Americans should not enjoy the privilege of traveling to our country. Whether in Latin America, Europe, or elsewhere, the days of passive treatment for those who work to undermine the rights of Americans are over.”

It’s not clear what prompted these new rules, or if there’s a particular case of an American being punished by a foreign government that Rubio is referring to. However, Elon Musk is facing legal issues in a number of countries over incendiary posts on X, such as Brazil, which briefly banned the platform last year amid rampant disinformation about the country’s 2022 election.

Musk also pushed disinformation last summer over far-right riots in the United Kingdom and continues to attack the country’s Labour government, earning a rebuke from Prime Minister Keir Starmer in January. Last month, European Union regulators were reportedly considering fines for the X platform and demanding product changes for breaking EU laws against illicit content and disinformation.

Is Rubio’s move designed to protect Musk, a major benefactor of Trump and the Republican Party? It’s ironic for the country’s top diplomat to complain about the free speech of Americans overseas when Rubio himself is targeting immigrants in the U.S., particularly international students, for exercising their own free speech rights, revoking their visas and trying to deport them.

One such student, Rümeysa Öztürk, was arrested after writing an opinion piece about Israel’s war on Gaza in her school newspaper, and Rubio even seemed to confirm last week that her detention and visa revocation were for that reason. Whatever is behind these new visa rules, it’s highly likely that they’re for something other than free speech because Rubio is clearly a hypocrite.

Education Secretary Linda McMahon is threatening to withhold federal funding from universities that don’t align themselves with Donald Trump’s administration.

During an interview on CNBC Wednesday, McMahon discussed whether other universities had to fear federal funding for academic research being ripped away, following the news that Trump planned to gut roughly $100 million in government contracts to Harvard.

“Universities should continue to be able to do research as long as they’re abiding by the laws and are in sync, I think, with the administration and what the administration is trying to accomplish—but primarily, abiding by the laws,” McMahon said.

The Department of Homeland Security has alleged that Harvard did not do enough to counter antisemitism on campus and baselessly claimed that the school had collaborated with the Chinese Communist Party.

Earlier this month, Trump signaled plans to have the university’s tax-exempt status revoked, and most recently tried to strip Harvard’s ability to enroll international students. A judge temporarily blocked the administration’s effort after the university immediately sued, calling the move an “unlawful and unwarranted action.”

“We had conversations with President [Alan] Garber, and I expected that we would have more, but Harvard’s answer was a lawsuit so that’s where we are now,” McMahon said.

Republican Representative and House Homeland Security Committee Chair Mark Green wants the federal government to “listen” to Russian President Vladimir Putin.

“Russians don’t seem to be taking President Trump very seriously, it’s a sort of schizophrenic message coming out of them. I wouldn’t take what [Dmitry] Medvedev says very seriously, though. If you read his Twitter feed it’s … clearly absurd,” Green said, referring to the former Russian president, who recently alluded to the risk of World War III on X.

“I think we really just need to listen to Trump, Putin, the Kremlin, and our [National Security Council] folks. That’s who we need to be listening to,” the Tennessee congressman added.

A Republican congressman suggesting that we defer to the intelligence of the Kremlin is yet another example of just how far the party has departed from its long-held stance on Russia.

And exactly what NSC folks is Green talking about? Trump fired over 100 of them via email just before Memorial Day weekend. The NSC has been in disarray for months, as Signalgate saw the removal of Director Mike Waltz. Now, rife with internal turnover, it enters another crucial moment in Russia’s war on Ukraine.