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From ‘Taco’ to ‘Nacho’: the new buzzword on Wall Street as Trump preps for China trip
HABER
12.05.2026

From ‘Taco’ to ‘Nacho’: the new buzzword on Wall Street as Trump preps for China trip

With a fragile US-Iran ceasefire barely holding, the Strait of Hormuz still blockaded, and all eyes on the upcoming Trump-Xi meeting, investors are embracing a new market narrative: “Nacho”. The acronym – short for “Not a chance Hormuz opens” – reflects a growing bet on prolonged gridlock and high oil prices. This marks a sharp pivot from last year’s dominant trade tactic, “Taco” – “Trump always chickens out”, which was born in the chaos of Trump’s tariff blitz and relied on the assumption that...

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SCMP Economy
Trump invites Boeing, Mastercard CEOs to join China trip next week: sources
HABER
08.05.2026

Trump invites Boeing, Mastercard CEOs to join China trip next week: sources

The administration of US President Donald Trump is inviting American CEOs from Boeing, Mastercard, Citigroup and other major corporations to join his delegation to China next week, according to multiple sources. Trump is visiting China on May 14 and 15 after his scheduled visit for March 31 was postponed following the US-Israeli strikes on Iran. Boeing, Mastercard and Citigroup declined to comment, but sources said several CEOs had received invitations from the White House. A full list of...

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SCMP Economy
White House inviting Nvidia, Apple, Boeing CEOs on Trump’s China trip, report says
HABER
07.05.2026

White House inviting Nvidia, Apple, Boeing CEOs on Trump’s China trip, report says

The Trump ⁠administration is inviting CEOs from ⁠Nvidia, Apple, Exxon, Boeing and other big companies to accompany the president on his trip to China next week, Semafor reported on Thursday. Executives from Qualcomm, Blackstone, Citigroup ‌and Visa are also on the invitation list, according to the report. A person familiar with the matter confirmed that Citigroup CEO Jane Fraser was invited. Qualcomm confirmed the invitation but declined to comment further. Reuters was not able to confirm ⁠the...

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SCMP Economy
White House inviting Nvidia, Apple CEOs on Trump’s China trip, report says
HABER
07.05.2026

White House inviting Nvidia, Apple CEOs on Trump’s China trip, report says

The Trump ⁠administration is inviting CEOs from ⁠Nvidia, Apple, Exxon, Boeing and other big companies to accompany the president on his trip to China next week, Semafor reported on Thursday. Executives from Qualcomm, Blackstone, Citigroup ‌and Visa are also on the invitation list, according to the report. A person familiar with the matter confirmed that Citigroup CEO Jane Fraser was invited. Qualcomm confirmed the invitation but declined to comment further. Reuters was not able to confirm ⁠the...

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SCMP Economy
White House is inviting CEOs from Nvidia, Apple on Trump’s China trip, report says
HABER
07.05.2026

White House is inviting CEOs from Nvidia, Apple on Trump’s China trip, report says

The Trump ⁠administration is inviting CEOs from ⁠Nvidia, Apple, Exxon, Boeing and other big companies to accompany the president on his trip to China next week, Semafor reported on Thursday. Executives from Qualcomm, Blackstone, Citigroup ‌and Visa are also on the invitation list, according to the report. A person familiar with the matter confirmed that Citigroup CEO Jane Fraser was invited. Qualcomm confirmed the invitation but declined to comment further. Reuters was not able to confirm ⁠the...

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SCMP Economy