About This Trend
TACO refers to a popular acronym and meme currently trending, standing for 'Trump Always Chickens Out,' which is associated with a Wall Street trading strategy and a viral meme mocking former President Donald Trump's tariff policies.
The trend is surging due to recent media coverage of the 'TACO trade' and its connection to Trump's reactions to the meme, as well as its relevance in financial markets as investors speculate on tariff-related stock movements.