Matt Drudge mocked President Trump on Thursday with a headline on his aggregation page, making fun of a new trade on Wall Street in reaction to the president’s economic policies.
“TACO,” as the trade has become known among investors and traders, stands for “Trump always chickens out” and looks to capitalize on the major fluctuations in the market resulting from the president’s on-again, off-again tariff policies.
On Thursday afternoon, the Drudge Report featured the lead headline “TACO” with a photo illustration of Trump dressed in a suit made of tacos and wearing a taco crown.
Trump was asked about the trade during a press conference with reporters Wednesday and scoffed at the trend.
“I’ve never heard that. You mean because I reduced China from 145 percent that I set down to 100, and then down to another number, and I said you have to open up your whole country?” Trump responded. “And because I gave the European Union a 50 percent tariff and they called up and said, ‘Please let’s meet right now.’”
The Drudge Report has for years been a widely read aggregation site known for its tabloid headlines and oddball angles, particularly among conservatives.
Drudge has turned on Trump in recent years, however, attacking the president over his policies and some of his more controversial comments.
The White House recently launched a Drudge lookalike site, featuring a similar style of aggregation directing visitors to pro-Trump stories and articles.
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