“The European single currency rose by a cent to $1.093, breaching the $1.09 barrier for the first time since Donald Trump won the presidential race. Sterling hit $1.295, its highest since 8 November.” (…)
“The “Trump trade” that sent the dollar soaring after his victory has unwound, as the imposition of US tariffs against Canada, Mexico and China and the threat of levies against European trading partners have triggered fears of an American recession.”
This is how Truss got ejected in the UK.
As we know, it’s the capitalists that have power. So when she made policy that tanked the markets her days were numbered. Her support within the party crumbled and her position was untenable.
US president is a much more secure position than prime minister. However, if republicans see their donors running away Trump is finished.