President Donald Trump wants the world to know he's no “chicken” just because he's repeatedly backed off high tariff threats. The U.S. Republican president's tendency to levy extremely high import taxes and then retreat has created what's known as the “TACO" trade,

President Trump responds to an emerging critique of his on-again, off-again tariff threats and suggests that his moves have helped the U.S. gain ground in trade negotiations.

US President Donald Trump dismissed the criticism, saying that he is bluffing countries with tariffs and backing out after the market sell-off. The criticism increased after Trump backed off the 50% tariff threat made against the EU last week.

Trump responded angrily toward a reporter in the White House after she told him that Wall Street investors are using a new acronym, TACO, to describe the ongoing tariff turmoil caused by Trump. The acronym stands for “Trump Always Chickens Out” and was reportedly coined by a Financial Times columnist.

Wall Street loves a catchy acronym, and the “TACO trade” has captured the mood as investors and analysts attempt to make sense of the roller-coaster market action that has followed President Donald Trump’s sweeping tariff threats and subsequent walk-backs.

The tongue-in-cheek term describes the pattern in which markets tumble after President Donald Trump makes tariff threats, then rebound when he relents.

"What Vladimir Putin doesn’t realize is that if it weren’t for me, lots of really bad things would have already happened to Russia, and I mean REALLY BAD. He’s playing with fire!," Trump said in a post on Truth Social.

Following the revocation of a key certification allowing Harvard to enroll international students, Donald Trump suggested there should be a 15% cap on foreign students at the institution.

Did Harvard University reject Barron Trump? Here's what to know as feud rages and what school President Donald Trump and his kids attended in college.

President Donald Trump on Sunday demanded that the university provide a list of names of its international students and the countries they come from. Trump made his comments on his Truth Social platform,