Who Is Megan Cassella, Journalist Behind ‘TACO’ Trade Question That Angered Trump?

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Last Updated:May 30, 2025, 16:54 IST

Donald Trump was questioned astir TACO commercialized by CNBC analogous Megan Cassella during a property league astatine the Oval Office connected Wednesday.

The acronym TACO stands for Trump Always Chickens Out. (Photo Credit: X)

US President Donald Trump has been making the headlines erstwhile again. This time, it was his absorption to the word ‘TACO trade’ that caught everyone’s attention. The US President was questioned by a newsman astir the word TACO oregon Trump Always Chickens Out during a property league astatine the Oval Office connected Wednesday. The word refers to Trump’s maneuver of announcing precocious tariffs connected different countries and aboriginal backing down. The question near the person visibly aggravated arsenic helium defended his commercialized policies.

Trump was questioned astir TACO commercialized by CNBC analogous Megan Cassella. “Mr President, Wall Street analysts person coined a caller word called the Taco trade. They’re saying ‘Trump Always Chickens Out’ (Taco) connected your tariff threats. And that’s wherefore markets are higher this week. “What’s your effect to that?" she asked.

In response, Trump said his negotiating tactics had led to $14 trillion successful caller concern successful the US. The fig could not beryllium independently verified, according to the Associated Press. He besides claimed that European Union leaders had asked him to acceptable a gathering for negotiations, which led him to hold a 50 per cent levy connected EU goods to July 9.

Trump rejected the word ‘TACO trade’ and called it the “nastiest question."

The acronym TACO was coined by Robert Armstrong, a commentator for Financial Times, to denote Trump’s volatile back-and-forth regarding tariffs connected imported goods. The US President had announced a 145 per cent levy connected goods imported from China, aboriginal pulling the fig to 30 per cent to let for 90 days of negotiations. A akin concern was seen with the imposition of cosmopolitan tariffs and levies connected car and electronics.

The flip-flop by Donald Trump has had a corresponding effect connected the markets. When tariffs are announced, investors merchantability off. Conversely, stocks rebound erstwhile the tariff decisions are reversed.

Watch Trump’s Response To TACO Trade Here:

Who Is Megan Cassella?

A analogous for CNBC, Cassella is known for her reporting connected argumentation decisions by Washington DC. A journalism and planetary authorities postgraduate from the University of North Carolina, she earlier worked astatine Politico. There, she covered the Biden administration’s economical argumentation transition, and the renegotiation of the North American Free Trade Agreement (NAFTA). Before joining CNBC, she worked arsenic Barron’s elder economics and argumentation reporter. She covered the US system and the Federal Reserve with a absorption connected the labour marketplace and inflation.

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Washington D.C., United States of America (USA)

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News viral Who Is Megan Cassella, Journalist Behind ‘TACO’ Trade Question That Angered Trump?