Diageo joins selloff in European spirits makers
UK shop prices fall less sharply in November
FTSE 100 down 0.3, FTSE 250 down 0.6

Nov 26 Reuters The main UK stock indexes eased on Tuesday from multiweek highs after U.S. Presidentelect Donald Trump39;s latest tariff proposal for some of the country39;s biggest trading partners sparked riskoff moves across global markets.

The bluechip FTSE 100 dipped 0.3 after touching a onemonth closing high in the previous session. The FTSE 250 midcap index dropped 0.6 after hitting a near onemonth high on Monday.

Trump said on Monday he would impose a 25 tariff on imports from Canada and Mexico until they clamped down on drugs and migrants crossing the border. He separately outlined an additional 10 tariff, above any additional tariffs on imports from China.

European stocks came under pressure, with Chinaexposed automakers slipping the most. The dollar gained ground against the Mexican peso, the euro and the Canadian dollar.GLOBMKTS

There has been a view among some investors that Trump39;s tariff talk was a negotiating tactic, a threat rather than a promise. That might still end up the case, but it39;s clear that the presidentelect has no intention of backing down for now, Dan Coatsworth, investment analyst at AJ Bell.

Spirits maker Diageo slipped 1.4, echoing weak sentiment among European brewers and distillers on tariff risks.

Meanwhile, prices in British shops fell less sharply this month, according to a survey from the…