Trump: US agreement will boost UK luxury carmakers

President Trump on Thursday touted how a trade agreement with the United Kingdom would benefit the British car industry, particularly luxury brands like Rolls-Royce and Bentley.

As part of a trade deal announced in the Oval Office, the U.S. agreed to lower tariffs on British car imports from 25 percent to 10 percent.

"We took it from 25 to 10 on Rolls Royce, because Rolls Royce is not going to be built here. I wouldn't even ask them to do that,” Trump said. “It's a very special car, and it's a very limited number, too.