Trump is expected to impose duties as early as Wednesday on imports from all countries in a move that could hit the agriculture community particularly hard. Several GOP lawmakers on Capitol Hill are seeking last-minute carveouts to blunt the impact of those tariffs.

The UK’s foreign secretary David Lammy has said Britain is “preparing for the worst”, after Downing Street admitted Britain would be hit by Donald Trump’s looming tariffs.Global markets have been rocked as the Trump administration prepares to unleash its so-called “Liberation Day” tariffs this week,