avert

The trade war was quickly averted after some frantic negotiations, but the crisis set the tone of things to come.

Other good news for investors: National Economic Council Director Kevin Hassett said the government shutdown could end this week, raising hopes that a long, economically damaging stoppage could be averted.

The government has also followed through on Vought’s earlier threat to fire a massive number of civil servants if the shutdown were not averted.

Petro at first vowed retaliatory tariffs but backed down and agreed to accept the migrants to avert a trade war.

Some thought that to avert this Milei might have to let the currency devalue drastically – which would lead to a spike in prices as people's money would suddenly be worth less.