After threatening to sever all trade ties with Spain at a NATO summit on Wednesday, US President Trump had within hours already changed his tune.

US President Donald Trump has quickly backtracked on comments he made at the NATO summit that threatened to cut off all trade with Spain.

Speaking in Ankara on Wednesday, Trump stated that "Spain is a wasted cause. We don't want to do any trade business with Spain anymore," he added, asking his Treasury Secretary Scott Bessent to "cut it off".

He also singled Spain out for being a "terrible partner in NATO".

However, just hours later whilst returning to Washington, the US President changed his tone.