Donald Trump's Tariffs Could Wipe Out All Of Rachel Reeves' Spare Cash

President Donald Trump delivers remarks in the Roosevelt Room at the White House in Washington, Monday, March 24, 2025. (Pool via AP)

A global trade war sparked by Donald Trump’s tariffs could wipe out Rachel Reeves’ spare cash within days, experts have warned.

The chancellor announced in the Spring Statement that the Office for Budget Responsibility estimates she will have £9.9 billion of “fiscal headroom” come 2029.

However, the OBR also warned that could vanish if Trump goes...