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.

While signing executive orders in the Oval Office, President Donald Trump was asked by a reporter what “can you expect” from countries in NATO that “spend the least amount,” including France and Spain.

After being sworn in as the 47th US President, Donald Trump met reporters in the Oval Office while signing executive orders where he made this erroneous claim.

Spanish Prime Minister Pedro Sanchez said he would propose to ban purchasers from outside the European Union from buying properties, as the government seeks to curb rising housing prices, which have become an increasing source of friction.

Spain is planning a raft of measures to address its brewing housing crisis, including an up to 100% tax on properties bought by people who are neither citizens nor residents of the European Union. Spanish Prime Minister Pedro Sánchez announced the plan this week to tackle housing affordability and high rents in the Southern European