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‘Meltdown’: Trump Fumes When Confronted With ‘Always Chickens Out’ Claim

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President Donald Trump’s tariff policy has been highly criticized, especially for his seemingly arbitrary, up and down, in-effect and paused actions, which have led the stock markets to rise and fall—providing little stability or reassurance to manufacturers and investors alike.

“Traders are loading up and dumping stocks based on Trump’s erratic approach to announcing tariffs and then retreating on them,” The New York Times reported on Wednesday.

McGill University Associate Professor Robert Rutledge, an astrophysicist, on Tuesday posted a screenshot from a New York Times article titled, “Stocks Rally on the ‘TACO Trade’,” which explained the phenomenon.

During Wednesday’s swearing-in ceremony of Trump’s interim U.S. Attorney for Washington, D.C., former Fox host Jeanine Pirro, a reporter confronted the president with remarks from analysts who have dubbed his tactics “TACO,” or, “Trump Always Chickens Out.”

READ MORE: University Research OK Only if ‘In Sync’ With Trump Goals: Top Administration Officials

“Mr. President,” a reporter said (video below), “Wall Street analysts have coined a new term called the ‘Taco Trade.’ They’re saying Trump always chickens out on your tariff threats, and that’s why markets are higher this week. What’s your response to that?”

After some back-and-forth, the President admitted, “I’ve never heard that,” before growing defensive.

“You mean because I reduced China from 145%, that I set down to 100% and then down to another number, and I said, ‘You have to open up your whole country.’ And because, I gave the European Union a 50% tax tariff, and they called up, and they said, ‘Please, let’s meet right now. Please, let’s meet right now.'”

Trump claimed that “after I did what I did, they said, ‘We’ll meet anytime you want.'” And we have an end date of July 9th. You call that chickening out?”

He then lashed out at his predecessor, President Joe Biden, for not imposing high tariffs.

“Because we have $14 trillion now invested, committed to investing, when Biden didn’t have practically anything, Trump claimed, although there are few actual, finalized agreements.

“Biden, this country was dying,” Trump continued. “You know, we have the hottest country anywhere in the world. I went to Saudi Arabia. The king told me. He said, ‘You got the hottest—We have the hottest country in the world right now.'”

READ MORE: Why Does Congress ‘Even Exist?’: GOP Representative Blasted at ‘Hostile’ Town Hall

“Six months ago, this country was stone cold dead,” Trump alleged. “We had a dead country.”

“We had a country people didn’t think it was gonna survive, and you ask a nasty question like that?” he said, attacking the reporter. “It’s called ‘negotiation.’  You set a number. And if you go down, you know set a number at

After explaining his China policy, he again attacked, telling the reporter, “don’t ever say what you said. That’s a nasty question.”

“For me, that’s the nastiest question.”

Economist Justin Wolfers on Tuesday explained some of the ramifications of “TACO.”

“Those truck drivers … won’t have goods to truck across the country, they also won’t be stopping a gas stations to buy a sandwich. And then the sandwich demand falls off and on and on it goes. But I think it’s actually the effects are far deeper than that,” Wolfers explained.

“There’s an asset here that really matters called ‘American credibility.’ There was a time when the President opened his mouth when you had to pay attention, because you thought it meant something, that it was a shift in policy that other countries could rely on and respond to. That’s no longer the case.”

After specifically mentioning TACO, Wolfers continued with more examples. He noted, for example, “there’s a factory that could be built, except that one of the most important imports we get from the European Union is precision machinery. And that either just went up 50% or went up 10%, but no one can be sure.”

Critics blasted the President for his Oval Office remarks.

Democratic strategist Keith Edwards mocked Trump, saying that he “just learned Wall Street is calling his tariffs ‘TACO trade’ (‘Trump Always Chickens Out’) — and you have to watch his meltdown.”

The political action committee Really American called it “an insane moment,” noting that Trump had “a complete meltdown.”

“What’s hilarious about this whole thing is there has to be people in the admin who know about this stuff and everyone is afraid to tell him bad news,” noted Democratic strategist Adam Parkhomenko. ” So we get to see him lose his s— for the first time live on tv.”

Watch the video below or at this link.

READ MORE: Paratroopers May Deliver Gift to Trump at Army’s 250th Birthday Parade

 

Image via Reuters

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Trump Is Promising Mass White House Pardons: Report

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President Donald Trump is promising mass pardons to White House staff, and has done so repeatedly, the Wall Street Journal reports.

“I’ll pardon everyone who has come within 200 feet of the Oval,” Trump said in a recent meeting, to laughs, the Journal reported, citing people familiar.

“That radius,” the Journal added, “appears to be expanding as the president repeats the line. Another person who met with Trump earlier this year said the president quipped about pardoning anyone who had come within 10 feet.”

Trump at one point said he would hold a news conference to announce the mass pardons.

“The president has repeatedly raised the specter of pardons with White House aides and other administration officials, particularly when staff have suggested they could face prosecution or congressional investigations over decisions, people familiar with the comments said,” the Journal reported.

The Journal did not state if the pardons would be blanket pardons, but reported that those familiar with his remarks “said they weren’t aware of specific pardons being offered to specific people for specific acts.”

READ MORE: White House Fires Back After President’s Doctor Is Asked to Test Trump’s Mental Fitness

The report also noted that Trump has often seriously pursued actions he initially had joked about.

“It seems like he previewed many times his intent to use the pardon power to bail out those who carry out his agenda faithfully,” Liz Oyer, a former Trump Justice Department pardon attorney told the Journal. She also “said the offers could spur Cabinet officials and administration officials to behave more aggressively.”

While Trump did not pardon White House or other officials in conjunction with the events of January 6, 2021, on his first day back in office he did issue sweeping pardons to roughly 1,500 of those who were at the Capitol that day and later arrested.

READ MORE: ‘Only Reason They Are Alive’: Trump Again Threatens Iran in Unhinged Truth Social Post

 

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White House Fires Back After President’s Doctor Is Asked to Test Trump’s Mental Fitness

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The White House is fighting back after a prominent House Democrat demanded that the Physician to the President test Donald Trump’s mental fitness, citing the president’s recent remarks.

“At a time when our country is at war—especially when the war was initiated by the President without congressional declaration or consent—the American people must be able to trust that the Commander-in-Chief has the mental capacity to discharge the essential duties of his office,” Judiciary Committee Ranking Member Jamie Raskin wrote to the President’s Physician, Captain Sean P. Barbabella, D.O., in a letter published by Punchbowl News.

“I therefore request that you conduct a comprehensive cognitive assessment of President Donald Trump, provide those results to Congress, and make yourself available to brief Congress on your findings.”

Congressman Raskin noted that experts “have repeatedly warned that the President has been exhibiting signs consistent with dementia and cognitive decline.”

“And, in recent days, the country has watched President Trump’s public statements and outbursts turn increasingly incoherent, volatile, profane, deranged, and threatening. His apparently deteriorating condition has caused tremendous alarm across the nation (and political spectrum) about the President’s cognitive function and continuing mental fitness for the office of President, and prompted concerns about the President’s well-being.”

Raskin noted that during the Biden presidency, Oversight Committee Chairman James Comer called President Biden’s mental acuity “one of the greatest scandals in our nation’s history,” and subpoenaed the White House Physician.

He also noted that during that time, Judiciary Committee Chairman Jim Jordan declared that a president who is not cognitively fit, “isn’t fit for office.”

Raskin offered some examples, including Trump’s recent message to Iran, which the Congressman described as combining “vulgarity and profanity, unprecedented threats of mass civilian destruction, and a sarcastic invocation of Islam on Easter morning—a bizarre display that shocked tens of millions of Americans and astonished observers across the political spectrum.”

Trump had written: “Tuesday will be Power Plant Day, and Bridge Day, all wrapped up in one, in Iran. There will be nothing like it!!! Open the F——’ Strait, you crazy b——, or you’ll be living in Hell – JUST WATCH! Praise be to Allah.”

The New York Times had described Trump’s remarks as a “blistering threat” that “would have stood out on any day, much less on what most Christians consider the holiest day of the year.”

Raskin is insisting that Dr. Barbabella conduct “a comprehensive neuropsychological assessment of the President, including a formal cognitive screening instrument, and publicly release the results.”

Also, it asks him to provide “a detailed report on the President’s current mental and physical health status, including any medications he is currently taking and their potential,” and make himself available for a briefing under oath.

The White House wasted no time in responding, telling Courthouse News’ Benjamin S. Weiss: “Lightweight Jamie Raskin is a stupid person’s idea of a smart person.”

“President Trump’s sharpness, unmatched energy, and historic accessibility stand in stark contrast to what we saw during the past four years when Democrats like Raskin intentionally covered up Joe Biden’s serious mental and physical decline from the American people,” the White House added.

 

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‘Only Reason They Are Alive’: Trump Again Threatens Iran in Unhinged Truth Social Post

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Ahead of diplomatic talks starting Saturday, President Donald Trump once again threatened Iran with violence as critics charge his tenuous cease-fire has fallen apart.

“As Vice President JD Vance was heading to Pakistan on Friday for peace talks with Iran, a senior Iranian official laid out new conditions for the negotiations, adding even more uncertainty about the durability of the cease-fire and whether the two sides could reach a long-term deal,” The New York Times reports, noting that President Trump “warned Tehran not to overplay its hand.”

“The Iranians don’t seem to realize they have no cards, other than a short term extortion of the World by using International Waterways,” the President wrote on Truth Social.

“The only reason they are alive today is to negotiate!” he declared.

His remarks seemed to echo his highly-criticized comments earlier this week:

“A whole civilization will die tonight, never to be brought back again. I don’t want that to happen, but it probably will.”

On April 1, Trump wrote, “we are blasting Iran into oblivion or, as they say, back to the Stone Ages!!!”

Some ridiculed the president.

“Completely controlling the Strait of Hormuz and charging ships a $2 million toll to pass through seem to be a couple of pretty good cards,” noted attorney Adam Cohen.

Reason’s Matthew Petti added, “You might say that Iran’s only cards are…a strait flush.”

 

Image via Reuters 

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