Philip Hammond warns Trump against triggering full trade war

Chancellor says he hopes it can be averted but says it would be a ‘disaster’ for the US economyPhilip Hammond has warned Donald Trump that triggering a full-blown trade war would spell “disaster” for the US economy. Firing the latest warning shot for Trump as the president ratchets up the pressure on the EU and China by promising higher tariffs on US imports, the chancellor said he still harboured hopes that a full-scale trade war could be averted.Continue reading...