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

AI Summary
UK Chancellor Rachel Reeves cancelled her appearance at a London Stock Exchange event celebrating the FTSE 100's rise after Donald Trump threatened tariffs on several European countries, including the UK. The tariffs, proposed in response to the US not being allowed to purchase Greenland, caused market unease, with the FTSE 100 and other European markets opening lower. Reeves instead attended a press conference with Keir Starmer at Downing Street, where the Prime Minister called for calm discussion with the US. The LSE event proceeded without Reeves, led by its chief executive. Trump's proposed tariffs, potentially reaching 25%, are set to begin in February, impacting goods from eight European nations.
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