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The deceptively negotiable Donald Trump

The tariff row is further indication that he is quick to quarrel but also quick to settle.

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US President Donald Trump’s restless hankering after “deals”, as proof of his personal clout, is something that can be exploited, says the writer.

US President Donald Trump’s restless hankering after “deals”, as proof of his personal clout, is something that can be exploited, says the writer.

PHOTO: AFP

Janan Ganesh

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The markets were fools on Feb 1, and shrewd judges of character on Feb 3. When US President Donald Trump announced tariffs against America’s neighbours last weekend, investors who had talked since November of a misunderstood, deceptively pragmatic person were exposed as naive. For 48 hours.

Then he more or less vindicated them. The tariffs

have been put off in return for Canadian and Mexican assurances

about cross-border drug traffic and other Trump bugbears. Investment banks can postpone the sheepish client calls until March.

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