A fresh transatlantic trade row is looming as Trump has threatened to impose tariffs on EU goods.

As part of the deal, Mexico will send an additional 10,000 troops to the US-Mexico border to help stop the flow of migrants and illegal drugs.

The United States has sparked an international trade war with tariffs on nations both friend and foe.

Europe’s prominent carmakers called on the EU to help prevent a “trade conflict” with the US through negotiating a “grand bargain”, days before Donald Trump officially assumes presidency.

European leaders have urged US president-elect Donald Trump to support Ukraine and avoid trade wars with his European peers.

UK Brexit Minister David Frost has asked for calm in Europe while chances of a trade war are rising amid disputes over post-Brexit trading arrangements in Northern Ireland.

Relations between the EU and Britain remain at an all time low. The so-called Northern Ireland Protocol was agreed almost two years ago and is a key part of the Brexit deal.Boris Johnson now says the protocol is not working.

Officials are warning of a trade war between the United Kingdom and the European Union if the UK refuses to back down on its new demands for post-Brexit rules on Northern Ireland.

China's MPs accuse their American counterparts of "paranoid delusion" after the US Senate approved an extensive industrial policy bill purportedly aimed at thwarting the Chinese economic threat.

The United States has no plan to lift tariffs on China in the near future, says US Trade Representative Katherine Tai.