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U.S. stock investors bet on the "TACO" strategy to cope with presidential tariff threats
[BitPush] News reports that U.S. President is escalating tariff threats, but the market has already become "desensitized", with investors betting that he will eventually back down. The latest tariff measures bring the tariff levels closer to the high tariffs he announced in early April for dozens of U.S. trading partners than some analysts had expected. However, the initial so-called "reciprocal" tariffs were postponed and renegotiated after a big dump in the stock market; later, the effective date of the tariffs was pushed back from July 9 to August. However, investors are not taking this current president's threats as seriously as his earlier statements, betting that he will ultimately abandon tariffs that could severely damage U.S. rise. This trade is referred to in the market as "TACO"—short for "Trump Always Chickens Out."