President Trump gave a lesson in the ‘art of the deal’ to a reporter Wednesday who claimed Wall Street traders are saying he keeps “chickening out” of following through with tariffs.
The exchange came during the swearing in of former New York prosecutor, judge, and television personality Jeanine Pirro as Interim US Attorney for the District of Columbia.
The reporter stated “Wall Street analysts have coined a term called the ‘TACO trade.’ They’re saying that Trump always chickens out on his tariff threats. What is your response to that?”
🚨 TRUMP FAKE NEWS SMACKDOWN: He has to explain Art of the Deal over and over again!
— Eric Daugherty (@EricLDaugh) May 28, 2025
REPORTER: People say, 'Trump always chickens out on his tariffs.'
TRUMP: "You ask a nasty question like that? It's called NEGOTIATION."
"Don't ever say what you said. That's a NASTY question."… pic.twitter.com/JN0ehIEIa5
Trump responded “Isn’t that nice? I ‘chickened out?’ I never heard that.”
“You mean because I reduced China from 145%, that I set down to 100%, then to another number? And I said, ‘You have to open your whole country?’” he continued.
“And because I gave the European Union a 50% tariff? And they called up and they said, please, let’s meet right now. Please, let’s meet right now? And I said, OK, I’ll give you until…July 9th?” Trump further emphasised.
“And after I did what I did, they said, ‘We’ll meet anytime you want,’” he urged.
The President then pointed out that thanks to such manoeuvring a whopping $14 trillion has been invested in the country since he took office.
“You call that chickening out?” Trump proved, adding “Biden didn’t have practically anything. This country was dying.”
“We have the hottest country anywhere in the world…Six months ago, this country was stone-cold dead. We had a country that was not going to survive, and you ask a nasty question,” Trump scolded the reporter.
“It’s called negotiation,” he asserted, explaining “You set a number. You know, if I set a number at a ridiculous high number and I go down a little bit, you know, a little bit, they want me to hold that number, 145% tariff.”
“Even I said, man, that got really up there….They were doing no business whatsoever, and they were having a lot of problems,” Trump concluded, claiming “We were very nice to China.”
What he did makes sense. He made them do something by setting the tariffs high. Otherwise they’re not incentivized to come to the negotiating table.
— Legend (@LegendFromWoW) May 28, 2025
It's interesting how the media is trying to push that "TACO" thing, it just goes to show how they all work together trying to push a narrative rather than reporting the news.
— Cory Corson (@Cory_Corson) May 28, 2025
You don’t hate legacy media enough
— KAG3-CO (@Kag3C) May 28, 2025
Meanwhile, a federal court is attempting to invalidate Trump’s tariffs, ruling that he lacks the authority to impose them unilaterally without congressional approval.
This is sure to be challenged and likely overturned, given that the President clearly has the authority under various Trade legislation.
A court just claimed Trump lacks authority to set tariffs on trade, claiming it is a power of Congress.
— Wall Street Mav (@WallStreetMav) May 29, 2025
However the Trade Expansion Act of 1962 gave the President authority to do exactly that.
Crazy courts ignoring laws and other court rulings. pic.twitter.com/GDJiVjHkeM
Since the so-called International Trade Court just ruled that Trump doesn't have the authority to impose tariffs. I have no choice but to make this thread literally pointing out that not only does he have the authority, but it's VERY BROAD.
— George (@BehizyTweets) May 29, 2025
Those dumb judges should read this. pic.twitter.com/eGZ9PulTJG
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