
Rachel Reeves pulls out of London Stock Exchange event after new Trump tariff threat
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Rachel Reeves has canceled her appearance at the London Stock Exchange event celebrating a 'new golden age' for the City, in light of Donald Trump's recent tariff threats. The proposed tariffs, which could reach up to 25% on eight European countries, have caused a downturn in the markets. This withdrawal comes after the FTSE 100 had previously hit a significant milestone, surpassing the 10,000 mark for the first time.
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The backdrop of this event is marked by Trump's ongoing foreign policy maneuvers, particularly regarding Greenland, which has sparked controversy and concern among European nations. The FTSE 100's recent performance had been a source of optimism for the UK economy, making Reeves' withdrawal particularly notable.
This article reflects the opinions and analysis of the author and does not necessarily represent the views of The Guardian.
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