UK Finance Minister Philip Hammond says he expects Britain will have a constructive relationship with U.S. President-elect Donald Trump's administration. Rough Cut (no reporter narration).
ROUGH CUT (NO REPORTER NARRATION) Chancellor Philip Hammond said on Thursday he was certain that Britain would have a constructive relationship with U.S. President-Elect Donald Trump's administration. Trump, a wealthy New York real estate developer and former reality TV host, rode a wave of anger toward Washington insiders to win a shock victory at Tuesday's U.S. election. "Well Britain's always believed that the best way, long term, to protect jobs and promote prosperity is free markets and free trade, but look, President Trump has just been elected by the American people, he will want to consult with his advisers, talk to officials, and I am sure we will have a very constructive dialogue, as we do with the Chinese, with the new American administration," Hammond said on the sidelines of a meeting at the London Stock Exchange with China's vice premier Ma Kai. Throughout his presidential campaign, Trump vowed to revive the U.S. economy by cutting taxes, preventing companies from making products overseas, renegotiating trade accords and imposing tariffs on imports from countries like China.