Biden says UK PM's economy plan was a 'mistake'

US President Joe Biden on Saturday called British Prime Minister Liz Truss' abandoned tax cut plan a “mistake,” and said he is worried that other nations' fiscal policies may hurt the U.S. amid “worldwide inflation."

Biden said it was “predictable” that the new prime minister on Friday was forced to walk back plans to aggressively cut taxes without identifying cost savings, after Truss' proposal caused turmoil in global financial markets.

Biden said he was not concerned about the strength of the dollar - it set a new record against the British Pound in recent weeks - which benefits U.S. imports but makes the country's exports more expensive to the rest of the world. The president said the U.S. economy "is strong as hell.”