"Trump Always Chickens Out" is an acronym that went around after "Liberation Day", when Trump very quickly reversed his position in response to the bond market

"Trump Always Chickens Out" is an acronym that went around after "Liberation Day", when Trump very quickly reversed his position in response to the bond market basically telling him, no, you can't do that. https://en.wikipedia.org/wiki/Trump_Always_Chickens_Out https://en.wikipedia.org/wiki/Trump_Always_Chickens_Out I misattributed it to the Wall Street Journal -- it was the Financial Times, point still stands.