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When Trump announced he was putting some of the most eye-watering tariffs on pause, shares stopped sliding and rallied.

But China – which ships everything from iPhones to children's toys and accounts for around 14% of all US imports – has been singled out for much harsher treatment with an eye-watering rate of 125%.

"I don't think the new tariffs are necessarily aimed at China. But when the United States stacks tariffs on top of each other, specifically towards China, the numbers become eye-watering quite quickly."

At the end of last year, the Met Commissioner, Sir Mark Rowley, warned of "eye-watering" cuts which could have seen the loss of 2,300 officers.

Earlier this month, when Trump threatened eye-watering 200% tariffs on European alcohol in an ongoing trade tit-for-tat, he lambasted the EU as "abusive" and "hostile" for allegedly taking advantage of the US at any opportunity.