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today marks President Trump's second
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first 100 days in that time he's
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announced a package of tariffs bigger in
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scale than we've seen for a 100 years
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then largely unannounced them but not
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before wiping trillions of dollars off
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global stock indices and as of today he
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successfully helps the Canadian Liberal
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Party secure a historic fourth term in
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office mark Carney winning the Canadian
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federal election is probably the
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clearest illustration yet of how much
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Trump has shaken up global politics in
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just the space of three months the
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Canadian PM took over a party which was
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languishing more than 20% behind the
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opposition conservatives then centered
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his campaign around Trump and the US
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president's threats to make Canada the
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US's 51st state he harnessed a strength
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of anti-American feeling that Canada
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hasn't really seen in its recent history
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declaring in his victory speech that
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Trump is trying to break us so he can
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own us it's a significant moment and the
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first big electoral rebuke of Trump's
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style of leadership when Trump was sworn
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in as president for the second time in
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January he did so in the capital flanked
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with loyalists big tech executives and
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some forlornl looking defeated democrats
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he promised a more urgent muscular and
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radical kind of government and he
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immediately set about putting an end to
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government diversity equity and
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inclusion schemes then within days Elon
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Musk had appeared on stage wielding a
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chainsaw promising trillions of dollars
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in cuts to federal government spending
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with his new Department of Government
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Efficiency or Doge but really the most
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major cuts that have been made so far
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have been to the global stock market two
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months later as Trump readied his
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liberation day package of global tariffs
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markets had been braced for 10 to 20%
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tariffs but what Trump ended up
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unleashing was a menu that went as high
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as the 50s,50s and 60s for countries
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Trump claimed had been freeloading off
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the US the market backlash was so sudden
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and so severe that even Trump had to go
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about a partial climb instituting a
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global 10% tariff of course with the
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exception of China what this showed was
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that even for a president who seemed to
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be at the very height of his powers you
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cannot fight the markets trump swept to
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power in November in one of the all-time
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political comebacks he came into office
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at the height of his powers and is so
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far governed with a level of muscularity
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that would make some medieval kings
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jealous the question now however with
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more than three and a half years left of
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his term is how much further will he go
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for everything you need to know about
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this story as it develops head to
