LONDON - British finance minister Philip Hammond said on Friday he was hopeful the United States and China would step back from a potential trade war that risked causing very serious damage to Britain and the world economy.
The United States increased tariffs on $200 billion worth of Chinese imports on Thursday while the two countries were in the midst of last-ditch talks to rescue a trade deal, a development Hammond described as “disappointing”. “It is disappointing to see what looks like a setback in that process, but I’m optimistic that in the end there will be a deal between China and the U.S. That’s very important for us,” he added.
A spokeswoman for Prime Minister Theresa May told reporters earlier on Friday that Britain was concerned by the U.S. decision to raise tariffs on imports from China to 25%.Britain recorded its biggest-ever trade deficit in goods and services during the first three months of 2019, according to official figures released earlier on Friday, dragging on first-quarter economic growth.
if you are Asian population u will experience how bad China has done for there Neighboring countries all the trade deals and businesses developed. Go ahead then years after all you belonged will be them . I think Trump had to do that ways to protect his people.
Don't worry. They played chase. Trump the big mouth vs Xi the smiling face.
Britain With The Most Tepid Takes In History
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