Here's your Forbes Daily Briefing for Tuesday, July 15th.

Today on Forbes, Trump Taco Tracker, here are the president's 28 tariff flip-flops.

The month since President Donald Trump's April, so-called Liberation Day, tariff announcement,

have been defined by the constant reversals, with Trump's

decision to extend his tariff pause until August, just the latest in a long string of about

faces, defended by some as negotiating genius and ridiculed by others as sowing chaos and uncertainty.

Trump's frequent flip-flopping on tariffs, especially after the markets get spooked, has earned him the nickname of, quote, Taco Trump on Wall Street, which stands for Trump always chickens out.

Here's a list of the first 10 flip-flops of 28 total so far. All of these 10 happened within the first month.

Flip-flop number one.

On April 2nd, Trump formally rolled out his Liberation Day tariff policy at the White House,

imposing sweeping tariffs on nearly all countries,

and reversing course on earlier pledges he made about them,

exempting, quote, copper, pharmaceuticals, semiconductors, lumber articles, certain critical minerals,

and energy and energy products, despite the White House previously claiming there would be no carve-outs.

Flip-flop number two. The final Liberation Day tariffs also weren't fully, quote, reciprocal

tariffs that match the rate each country charges for

U.S. imports, as Trump had promised. The president instead said, quote, the tariffs will be not a full

reciprocal because, quote, it would have been tough for a lot of countries, and we didn't want to do that.

Flip-flop number three. After promising the tariff rates would be calculated

formula based on both existing tariffs and non-tariff barriers with each country,

experts determined the final Liberation Day rates were instead calculated by just dividing a country's trade surplus with the U.S. by its export value.

Flip-flop number four. On April 3rd, hours after Trump's trade advisor, Peter Navarro, claimed on CNBC, the administration's tariff rates were, quote, not a negotiation. Trump told reporters

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