Home » Business » What is “Taco” theory and how it helps explain Trump’s tariff strategy

What is “Taco” theory and how it helps explain Trump’s tariff strategy

by Priya Shah – Business Editor

US President Pushes Forward with Offensive despite Costs, Analysts Say

Despite potential repercussions, the US president remains determined to advance his offensive strategy. According to an economist, the president is prepared to absorb the consequences of this “self-inflicted wound” as a means to express his opposition to a political adversary.

This strategy, characterized by the implementation of high tariffs, sanctions against brazilian Minister Moraes, and exemptions for nearly 700 Brazilian products, appears to be serving dual objectives, as outlined by Lubin. These aims include providing political backing to former president Jair Bolsonaro and mitigating the impact of price increases on American consumers.

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