Tuesday newspaper round-up: Trade, taxes, airline M&A, water companies

Donald Trump directed the US Trade Representative to prepare new tariffs on $200 billion in Chinese imports Monday as the two nations moved closer to a potential trade war. The tariffs, which Trump wants set at a 10% rate, would be the latest round of punitive measures in an escalating dispute over the large trade imbalance between the two countries. - Guardian Philip Hammond has warned the cabinet that he has no more money for other policies after being forced to find £25 billion for the NHS. ...

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