How many euphemisms are there for TACO? “Carve-out.” “Step-backs.” “Exclusions.” “Price relief.” “Rollback.” How about “advancing to the rear?” Trump’s tariffs are turning out to be fairy tales told to children. Trump wrote that his tariffs are unleashing “an American economic miracle, and we are quickly building the greatest economy in the history of the […]

Trump quietly chickened out on his effort to extort $200 million from Harvard University. “Harvard has been the top target in Trump’s sweeping campaign to exert more control over higher education. Hard-liners in his administration had wanted Harvard to write a check to the U.S. Treasury as part of a deal to address claims that […]

The latest meme around the Trump tariffs is TACO: Trump Always Chickens Out. Savvy traders are buying on the TACO tariff dips and selling on the TACO caves. And those caves are popular. “Yesterday, the Conference Board reported that in May consumer confidence surged by 12.3, the largest monthly increase in four years. Bloomberg said […]