Economies such as the UK, India, Japan and the EU raced to hammer out agreements, but the blanket rate has left them wondering where they stand

“We’ll look closely at the exact consequences, what can be done, and we will adapt," French President Emmanuel Macron said.

"It also means some of America’s biggest trading partners, like the EU and Japan, will find themselves exactly back where they were last week."

Economies such as the UK, India, Japan and the EU raced to hammer out agreements, but the blanket rate has left them wondering where they stand

Foreign trade partners of the U.S. are losing their patience with the White House.

The US Supreme Court's decision to block a pillar of US trade policy has caused yet more uncertainty.