President Donald Trump doesn't like his new nickname 'TACO'. Here's why people are calling Trump TACO and the meaning behind ...

Trump's tariffs, announced in April on what the president called "Liberation Day," overturned decades of U.S. trade policy, disrupted global commerce and left the stock market in a state of flux.

First, it was the Trump trade; now it's TACO. The new meme, first floated by The Financial Times this month, is making the rounds on Wall Street as a blueprint for playing the stock market in 2025.

Trump insiders maintain that it would make little sense — politically or from a policy standpoint — for the president to offer any further extensions on trade.

President Donald Trump was confronted with an acronym pointed at his trade policies this week -- and while it may sound tasty, the phrase appeared to leave a bad taste in the president's mouth.