
Economist Cooks Up New Code Word For Trump Tariff Plans, Serves It With A Serious Warning
HuffPost
University of Michigan professor Justin Wolfers updated the "TACO" acronym and expressed his concern about what could be about to happen.
University of Michigan economics professor Justin Wolfers offered a tongue-in-cheek take on Donald Trump’s revived tariff agenda on Thursday when he came up with a new acronym to sum up what he fears could be right around the corner.
Appearing on MSNBC’s “Deadline: White House,” Wolfers sarcastically mocked Trump’s failure to deliver the trade deals he promised after imposing so-called “Liberation Day” tariffs on imports from around the world.
“I just think you’re being too harsh on this bloke,” Wolfers told host Nicolle Wallace. “I was a 17-year-old boy once, and prom was coming up, and I told all my mates the phone was ringing off the hook.” But in reality, he said, “I was huddled alone next to the phone hoping it would eventually ring.”
“There might be some parallels” with Trump’s situation right now, Wolfers suggested.
Trump’s administration had promised “90 deals in 90 days,” Wolfers said. “Instead, we got two frameworks and an extension to 114 days.”













