China accuses US of ‘naked economic terrorism’ in trade dispute – business live

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Chancellor Philip Hammond’s days in the UK’s top finance job may be numbered, given Theresa May’s imminent departure as prime minister – and the palpable dislike of Brexit-backing MPs for his support for remaining in the EU.

He appears to be enjoying a little more freedom, given comments this morning to Sky News suggesting he could not serve in a no-deal Brexit cabinet. He said:

I couldn’t support a government policy stance that said as a matter of choice we are going to pursue a no-deal exit.

Hammond – who says he has never defied the Conservative whip in 22 years as an MP – also did not rule out voting against a Tory government to block no deal. He said:

The national interest trumps party interest. If I am presented with a difficult choice, I will act with what I believe will be the best interests of the country.

https://www.theguardian.com/business/live/2019/may/30/china-us-naked-economic-terrorism-trade-war-brexit-gdp-sterling-ftse-business-live

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