UK Chancellor of Exchequer Philip Hammond said today that “I very much hope that we can avoid a full scale trade war (because) that would be a disaster for everyone, not least for the United States”. He added that “but what I can say is this: whatever happens the UK will remain an outspoken proponent of open markets and free trade, low tariff barriers and low non-tariff barriers.”
Also Hammond said that “we live in uncertain times because the old certainty for many decades has been that the United States was completely wedded to open markets and free trade.”
