U.S. president Donald Trump has apparently confused Spain for a member of the BRICS bloc of developing economies, causing some head-scratching and jitters over possible tariffs in Madrid.

Donald Trump's pledge to put costly tariffs on olive oil imports could weaken customer demand Spanish commentators have warned. The US President has pledged to increase tariffs on Spanish goods including wine and olive oil after mistakenly identifying it as a member of the BRICS bloc of developing countries.

His inauguration speech was loudest in its silence on Ukraine. But hours later, US President Donald Trump laid bare – in a trademark casual, rambling fashion – his position over the war in Ukraine. And it was tougher on the Kremlin than you might expect.

President Trump said Russian President Vladimir Putin is “destroying Russia” with its nearly three-year war in Ukraine, adding he hopes the Kremlin leader is open to making a deal to end the conflict.