The only problem with the TACO trade is that the premise isn’t true. Trump doesn’t always chicken out. His threats are often worse than his actions, but five months into Trump’s term, it is abundantly clear that taxes on imports will be considerably higher for as long as Trump is in charge.

There's a popular nickname for how to play Trump trade policy: the "TACO Trade." But investors have mixed opinions about whether it's a safe bet.

President Donald Trump erupts over TACO trade question. Here's what the TACO nickname means and what is a Trump Collar.

Democrats are pressing the "Trump Always Chickens Out" narrative, handing out free tacos from a truck emblazoned with that very phrase near the RNC’s Washington headquarters.

The tariff uncertainty refuses to die down, and President Donald Trump has signaled an escalation by recently raisingtariffs on steel and aluminum imports from 25% to 50%. The European Union has already threatened countermeasures against Trump’s steel tariffs.