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

19.01.2026 11:28 | The Guardian World

Markets down on Monday after threat to impose up to 25% tariffs on eight European countries over GreenlandBusiness live – latest updatesGold and silver hit record highs as markets reelRachel 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. Continue reading...

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