President Donald Trump’s trade policy has a new nickname: TACO trade. And, as a result, “The View” host Ana Navarro expects Taco Tuesdays to be banned nationwide pretty soon.

The only problem with the TACO trade is that the premise isn’t true. Trump doesn’t always chicken out. His threats are often worse than his actions, but five months into Trump’s term, it is abundantly clear that taxes on imports will be considerably higher for as long as Trump is in charge.

A CNBC reporter did ask the President about the new terminology, to which the President said that this is not called 'Chickening Out', but the art of negotiating a deal.

The TACO theory was coined earlier this month by Financial Times columnist Robert Armstrong, adding a catchy name to the practice of loading up on stocks when Donald Trump first announces the tariffs and then selling when he ultimately backtracks on enforcing them.

Wall Street insiders have coined the term 'TACO Trade' to describe President Trump's pattern of announcing aggressive tariffs and then reversing or delaying them. TACO Trump memes have taken over the internet by storm.

He explained on Wednesday that sometimes he sets ... Within a few weeks, the TACO trade had become a fixture of Wall Street chatter and started appearing in client notes from financial analysts ...

At the top of her Thursday show, MSNBC host Nicolle Wallace showed the clip of President Donald Trump snapping at a reporter who asked him about the new "TACO trade" nickname he's earned. Financial Times commentator Robert Armstrong invented the joke in his newsletter.