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flag FTSE 100 rises 1.97% as US temporarily lifts tariffs on electronics, boosting global markets.

flag The FTSE 100 rose 1.97%, or 157 points, to 8121 on Monday, following a temporary reprieve from US tariffs on electronics. flag This move caused global markets, including those in Asia, Germany, and France, to rebound. flag Despite optimism that tech companies like Apple would benefit, White House officials later downplayed the significance of the exemptions, suggesting the reprieve might be short-lived.

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