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CNBC Daily Open: 'TACO' trade boosts markets amid ongoing geopolitical tensions around Greenland and Ukraine
Market Intelligence Analysis
AI-Powered
Why This Matters
The 'TACO' trade is gaining momentum as Trump's toned-down rhetoric on Greenland and EU countries reduces trade tensions, potentially boosting markets.
Market Impact
Market impact analysis based on bullish sentiment with 80% confidence.
Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Trump walking back on his tariff threats on EU countries and toning down rhetoric on Greenland has revived talks of TACO — "Trump Always Chickens Out" — trade.
Original article published by
CNBC
on January 23, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.