Mr Tusk said these "red lines" meant the only possible option for a trade deal was an agreement similar to the one the European Union signed with Canada.
In his keynote speech, Hammond will "address the sceptics who say a trade deal including financial services can not be done", according to excerpts of the address released by his office on Tuesday.
Philip Hammond will tell European leaders that including Britain's financial services sector in a Brexit deal will be in the EU's interest as well as the UK's. Mr Tusk's blunt message reflected the EU's rejection of British prime minister Theresa May's plan for a post Brexit relationship between the United Kingdom and EU.
The EU's draft negotiating guidelines unveiled on Wednesday set out plans for a free trade deal but stop well short of Prime Minister Theresa May's wish list.
The document eludes one of London's main demands regarding future relationship: that includes free exchange of financial services, a sector with great weight in British GDP.
The British Ports Association (BPA) has written to the EU to warn that a free trade agreement on goods could still lead to major disruption and European ports.
Neither side wants a big row there, when Mrs May is also likely to secure agreement in principle on a transitional period to avoid a cliff-edge Brexit in a year's time.
Accused Oscar thief plans to 'forcefully and aggressively resist' allegations
Naomi Levy, a rabbi who came to court to support Bryant, said he is part of her spiritual congregation and never misses meeting. McDormand smiled and laughed as she entered the party and her son carried her Oscar into the party, the footage shows.
NBA reviewing sexual assault allegations against Mark Cuban
Cuban flatly denied the woman's allegations and provided a prosecutors' report detailing the decision not to file charges. The woman, who was not identified in the article, told Willamette Week , "I really left it in the past".
Don't be the one who forgets to spring forward Sunday
She says preparation for the hour lost should start weeks before Daylight saving time begins . Daylight saving is a man-made construct and one that's not observed across the world.
He confirmed that the European Union want us to continue to work together closely to fight terrorism and crime across Europe, team up on foreign and defence, and continue to work side-by-side on research projects and innovation. In fact, this will be the first FTA in history that loosens economic ties, instead of strengthening them.
Mr Tusk claimed Britain had so far failed to come up with "specific and realistic" alternative proposals to keep the Irish border open without reverting to the EU's "backstop" option which has provoked such anger.
Worldwide trade secretary Liam Fox has urged Brexit negotiators to "keep the temperature down" as talks enter the critical future relationship phase.
It was also unclear whether Britain having access to the EU's financial markets in return for keeping similar standards to those of the bloc would be accepted in Brussels.
But the government source said the latter approach would need more work to fully solve the border question, and an European Union official told Reuters in Brussels it was "fantasy" to suppose the bloc would trust Britain to collect tariffs on its behalf.
In a keynote speech at the City of London's Mansion House Friday, May said, "What I am seeking is a relationship (future economic partnership with the EU) that goes beyond the transactional to one where we support each other's interests". It said any new deal with Britain would likely make trade more complicated and costly than it is today.