Things happen quickly in Trump’s America. On Saturday, the US President announced sweeping tariffs on imports from China, Canada and Mexico, in a move that sparked panic among allies as far away as Japan and the EU.

By yesterday afternoon, analysts were predicting that the Canadian and Mexican economies would be plunged into recession as a result of the policy and the expected retaliatory measures. But as markets closed in London and opened in New York, Trump had another update; tariffs on Mexico have been suspended for at least a month after President Sheinbaum agreed to deploy 10,000 Mexican troops to her northern border with the US, tasked – in Trump’s words........

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