U.S. President Donald Trump said trade tariffs would be imposed on the European Union and U.K., but he signaled that a deal could be worked out with Britain.

The UK is "out of line" in its trade with the US but the situation can be "worked out", President Donald Trump says. Asked by the BBC if he would target the UK with tariffs while arriving into Maryland from Florida, the US leader says: "We'll see what happens, it'll happen."

Sterling slid against the dollar but rose against the euro on Monday as the greenback rallied after the U.S. imposed tariffs on Canada, Mexico and China, while comments from President Donald Trump fuelled hopes Britain may be able to avoid levies.