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The Guardian - UK
The Guardian - UK
Business
Mark Sweney

Rachel Reeves pulls out of London Stock Exchange event after new Trump tariff threat

Rachel Reeves Donald Trump Greenland United States
the London Stock Exchange logo
The FTSE 100 fell 0.4% after stock markets closed down overnight in Asia following Donald Trump’s tariffs announcement. Photograph: Jonathan Brady/PA

Rachel Reeves has pulled out of a planned appearance at the London Stock Exchange to celebrate a “new golden age” for the City, after Donald Trump’s threat to implement tariffs until the US is allowed to buy Greenland.

The chancellor’s withdrawal from the event, which was designed to be a celebration of business in the UK after the FTSE 100 rose above the 10,000 mark for the first time, came as markets opened down on Monday morning after the US president’s threat.

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