If the US really is prepared to keep playing this mad game of chicken – threatening ruinous tariffs against Mexico then postponing them, sowing fear and discord constantly among its allies – that risks creating the kind of all-American supernova that sucks everyone into a black hole.
Waiting for global stock markets to open this morning felt grimly reminiscent of the beginnings of the sub-prime lending crash, the moment many finally understood the old cliche that when the US sneezes, everyone catches a cold.
The world’s biggest economy is now experiencing what looks like its very own Liz Truss moment, only this time in a country powerful enough to take everyone else down with it.
The global fightback must start now | Gaby Hinsliff Britain is less vulnerable to US tariffs than other nations, but shares a historic responsibility.
If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here.
