The UK is "out of line" in its trade with the US but the situation can be "worked out", President Donald Trump says. Asked by the BBC if he would target the UK with tariffs while arriving into Maryland from Florida, the US leader says: "We'll see what happens, it'll happen."

A day after levying steep new tariffs on Mexico, Canada and China, President Trump acknowledged what economists, members of Congress and even some of his own aides — in their previous lives — have been saying all along: Americans may find themselves paying the costs.

The European Union has said it will “respond firmly” if the US imposes tariffs on the bloc in the latest sign of discontent with President Donald Trump’s trade tactics that are reverberating globally.