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A spokesperson added: "We welcome the intensive efforts by the UK government to reach a deal with the US administration, and we continue to support this measured and pragmatic approach towards a mutually beneficial resolution."

On 17 March, fashion brand Prada announced that it had mutually decided to end its collaboration with him, according to Reuters.

Smith has often argued that trade with the US is "mutually beneficial" for both economies.

The security of Europe has become entangled in the battle between two polarised and mutually antagonistic visions of what the United States stands for.

While the two are not mutually exclusive, learned helplessness is also thought to play a role in depression.