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Trump says he's not 'chickening out' on trade: 'It's called negotiation'

CNBC Television • May 28, 2025

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President Donald Trump on Wednesday slammed allegations that he is chickening out during trade discussions, instead framing his approach as negotiation. The term "TACO trade," which stands for "Trump Always Chickens Out," has gained popularity in the past week after the president threatened the European Union with higher tariffs before delaying them.

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