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Such is the case with the great new Wall Street lingo that has burst forth well beyond the confines of the finance industry to enter the mainstream zeitgeist. Yes, I’m talking about the TACO trade. Robert Armstrong,

President Donald Trump erupts over TACO trade question. Here's what the TACO nickname means and what is a Trump Collar.

Robert Armstrong Oh yes, and that’s been, that’s your legacy. That is the first paragraph of Katie Martin’s obituary is “Katie Martin, founder of the imaginary hedge fund vomiting, vomiting camel capital management died today at age 96 “.

In late May and early June 2025, an image appeared on Facebook appearing to show U.S. Attorney General Pam Bondi announcing on Fox News that anyone who called U.S. President Donald Trump a "taco" would be arrested.

Trump Burger has 4 locations in Texas with MAGA-themed menu items. Commenters have asked for a chicken taco, acronym for “Trump always chickens out.”

A Financial Times columnist has coined the term "TACO trade," saying Trump always chickens out of his tariff orders.

The White House has dismissed the TACO nickname as “asinine” and “nasty,” but Wall Street is starting to discount the impact of tariffs.