LONDON — laAs the U.S. heads for a highly contentious and close election in November, at the top of London’s pragmatic financial district there’s a distinct lack of fear, and even a little enthusiasm, at the prospect of Trump returning to the White House.

Of course, it’s not all sunshine and rainbows. For the free-market City, a Trump presidency could come with unwelcome protectionist attitudes toward global trade and potentially inflammatory views of the war in Ukraine, which could roil markets.

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