Donald Trump’s trade war has begun! Or has it? Markets breathed a sigh of relief as sweeping tariffs on Mexican and Canadian goods were suspended at the 11th hour.

But with tariffs on China now in force—and Beijing hitting back—will the reprieve be short-lived?

And in the Dumb Question of the Week: How do you measure the strength of a currency?

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Copyright 2023 Many Happy Returns

Trade War Truce: Crisis Averted or Just Delayed?

Many Happy Returns