President Donald Trump has imposed immediate tariffs of 10% on all British exports to the United States. He did this as he announced a "declaration of economic independence" for the US.
On his self-declared "Liberation Day", Mr Trump described the tariffs as reciprocal and said he was going to be "kind" by charging half of each country’s total "anti-US" measures.
Niall Paterson talks to Sky's business correspondent Paul Kelso about what these tariffs might mean for British business, which sectors are exempt, and whether a further deal can be worked out with Mr Trump.
Producer; Natalie Ktena
Editor: Wendy Parker