Just in time for Cinco De Mayo, it looks like Wall Street has coined a new insulting acronym for President Donald Trump. And like the infamous TACO, or Trump Always Chickens Out, it also has a connection to Mexican food.

Bloomberg columnist Javier Blas claimed on X Wednesday that one business analyst is mocking the president’s handling of the Iran war by replacing TACO with NACHO.

The acronym is more spicy than cheesy, as it bluntly stands for “Not A Chance Hormuz Opens,” a reference to Iran’s decision to restrict movement through the Strait of Hormuz, the narrow mouth of the Persian Gulf where 20% of all traded oil and natural gas normally passes.

We thought we were getting a TACO"Trump Always Chickens Out"But so far we are getting a NACHO "Not A Chance Hormuz Opens"(With appreciation to the trader who told me)

HuffPost reached out to the White House for comment, but no one immediately responded.

But considering how Trump freaked out when he was told about TACO, it’s likely that he won’t be pleased with the new acronym.

However, he can soothe any hurt feelings by remembering that Fox News host Griff Jenkins came up with a different, more positive-sounding but definitely cheesy NACHO acronym earlier this month: “Never Avoids Confronting Hard Obstacles.”

HuffPost reached out to Jenkins for his reaction to the new NACHO definition, but no one immediately responded.

But there were a few spicy reactions to the definition posted by Blas.

or is it FAJITAS 🤔FailureAtJostlingIranTowardsASettlement

It means to dance in Hindi. And we sure bet he’s dancing around the strait’s opening

Its a paradox. We got both a TACO and a NACHO. You can call it the whole enchilada. There's only so much one can stomach, and, eventually, we'll need to take a massive dump.

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