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Hammond: UK-US ties to 'prosper' under Trump

20 January 2017 Last updated at 14:40 GMT

Chancellor Philip Hammond says the UK's relationship with the Trump administration will "prosper", but he warns against short-term thinking.

The chancellor was interviewed by the BBC's Kamal Ahmed at the World Economic Forum in Davos, ahead of Donald Trump being inaugurated as the 45th US president.

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