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New 100% tariffs on China: Another TACO moment?

KARREN VERGARA  |  TUESDAY, 14 OCT 2025
... backs down and that "Trump always chickens out" or "TACO," meaning he never follows through on his threats. While Jim McCormick, the chief global macro strategist at Citi, does not anticipate another April 2 Liberation Day in the works, he points out ...
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