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With the US now having re-established steel tariffs in South America, the threat to impose further tariffs on the EU over the subsidies paid to Airbus, would seem to be real. Additionally, as President Trump arrives in London to take part in the 70th anniversary celebrations for NATO, there appears to be a spat brewing in France that could see the US impose tariffs on French goods as a result of the threat from France to tax tech giants. IGTV’s Jeremy Naylor looks at the European indices.

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