UK finance minister optimistic U.S. and China will avoid trade warChristian Fernsby ▼ | May 10, 2019
British finance minister Philip Hammond said he was optimistic that the United States and China would step back from a trade war that would have a “very serious” negative effect on Britain and the world economy.
Britain Philip Hammond
Hammond added that first-quarter GDP data released earlier in the day showed Britain was on track to meet official growth forecasts for 2019, even taking into account the effect of stockpiling by businesses ahead of Brexit. ■