According to Internet reports, there is now a saying circulating on Wall Street that Trump is ultimately unwilling to honor the extreme tariff threat. Trump is annoyed by this rhetoric, saying his repeated backsliding is part of a trade compromise strategy. "It's called negotiations," Trump said, saying that as part of the negotiations, he deliberately "set an ridiculously high number" and then "lowered it a little bit." At an event in the Oval Office, Trump was asked to respond to reports of the so-called "TACO" deal. TACO stands for Trump Always Chickens Out. In this kind of deal, investors take advantage of Trump's threat of tariffs and buy on dips. When he finally relents, the stock market will rebound.