Further afield, European economies are also at risk from Trump's tariff regime. The U.S. president told reporters on Sunday that tariffs on the EU "will definitely happen" — but said a deal "could be worked out" with the U.

Donald Trump has said import taxes will "definitely happen" with the EU. He said the UK "is out of line" on trade with the US and told reporters "we'll see what happens".

Canada and Mexico have surrendered to Donald Trump, but these victories for the US president in his phoney trade war are not what they seem.

U.S. President Donald Trump has hinted that the European Union could be the next target in his ongoing tariff battle. After imposing steep tariffs on China, Mexico, and Canada, Trump now claims the EU has been unfairly benefiting at the expense of the U.

The United Kingdom is in a more vulnerable position as a result of Donald Trump’s renewed pledge to impose tariffs on important trading partners. As itstwo biggest trading partners, the US, and the EU,

Leaders of the European Union, EU, have vowed to hit back if US President Donald Trump imposes tariffs, warning that there would be no winners in a trade war with the United States. The EU leaders issued the warning on Monday in a meeting in Brussels.