Trump's latest tariffs U-turn is sparking a global market rally — and reviving talk of the 'TACO trade'
- Posted on January 22, 2026
- By CNBC
- 5 Views
Trump's latest tariffs U-turn is sparking a global market rally — and reviving talk of the 'TACO trade'

"Donald Trump’s TACO bell has rung once again, much to the joy of financial markets," one investor said on Thursday.