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“And to deal with … frankly, bull— because of who his dad is and just keep a level head about it and be a class act says a lot about him, says a lot about that family …”

“I figured there were two ways to deal with it: either own it, or change it,” he said.

Writing in the Sunday Telegraph, Sir Keir Starmer said he will continue to seek an economic deal with the US to avoid some tariffs, but mooted state intervention to protect the national interest.

Conservative leader Kemi Badenoch has urged the prime minister to strike a "deep and meaningful trade deal" with the US, that "delivers growth without compromising on standards".

In his first term in office, Trump scorned a proposed free-trade deal with the EU, called the Transatlantic Trade and Investment partnership, but a bubbling trade war was ended after he put threats to impose tariffs on European cars aside in 2018.