Since day one, Rachel Reeves has lurched from one mistake to another.

Together with Keir Starmer, she decided to run down the economy to pin the blame on the Tories. In doing so, she wrecked sentiment and Britain’s fragile recovery.

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After slamming the Tory’s £22billion “black hole”, she’s created another £20billion of her own, at record speed.

Her so-called “pro-growth” tax raids have driven Britain’s wealth creators straight to the airport.

Capital gains tax receipts have plunged by more than £1billion as the wealthy flee to fairer shores, taking jobs, investment and spending power with them.

UK-based businesses, hammered by brutal hikes to National Insurance and the minimum wage, are slashing jobs, freezing recruitment and cancelling investment.

Shops, pubs, care homes and countless small businesses now face billions in extra costs, triggering a wave of closures and layoffs.

Reeves’s “fiscal rules” allow Britain’s £2.8trillion debt to keep climbing, while she pretends she’ll start bringing it down someday.

Now she’s flown to Donald Trump’s US, where the rest of the world is getting a taste of her in action.

Ms Reeves went to Washington thinking she could play at being a global stateswoman. Instead, she instantly blew a hole in Britain’s negotiating position.

Just hours before meeting US Treasury Secretary Scott Bessent, she publicly declared that Europe was “more important” to Britain than America.

I wouldn’t want any British leader grovelling to Donald Trump, but openly insulting the US, our biggest single trading partner outside the EU, is amateurism on stilts.

Especially when trade with the US has grown ten times faster than with Brussels over the past decade.

Even Sir Keir Starmer’s spokesman refused to defend her, slapping it down as a “false choice” and triggering a Labour Party civil war. Nice work, Chancellor.

That’s not the only way Reeves has shown her “uselessness” in Washington. Her constant clowning now threatens an historic trade deal with the US.

Reeves has weakened our hand not just with America, but with Brussels too, by making us look both weak and desperate.

She’s juggling the riskiest diplomatic landscape of any chancellor in decades, and dropping the ball at every turn. But the real pain is still ahead.

Reeves has boxed herself into a corner.

At home, she’s triggered outrage with massive tax hikes and benefits cuts.

Yet if she wants to stick to her collapsing fiscal rules, she’ll have to do double down in her autumn Budget.

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“Sir Kier said smash the gangs as he offers a five year rent guarantee for landlords housing migrants at our expense, Great work Kier 👍 “ 54

“Why is this woman still in the job, if she was the head of any business let alone …” 31

“She’d be out of her depth in a puddle.” 27

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Her refusal to face reality leaves Britain facing a grim choice: higher taxes, lower benefits, or continued stagnation. Or probably all three.

Fiscal drag is already forcing even the poorest into paying tax they can’t afford, including millions of pensioners.

Jobs are vanishing, inflation is set to climb and our growth outlook is repeatedly cut.

For now, it’s Washington and Brussels getting a taste of Reeves’s bungling.

Ultimately, British families are the ones who will feel the pain.