Trump boosts 'super luxury' Rolls-Royce, Bentley and Jaguar in US trade deal with UK

WASHINGTON ― President Donald Trump said successful the Oval Office May 8 that helium made a peculiar objection for the United Kingdom by lowering tariffs connected automobiles to assistance high-end British car manufacturers specified arsenic Rolls-Royce, Bentley and Jaguar that nutrient vehicles successful the United Kingdom.

“It's a precise peculiar car, and it's precise constricted number, too,” Trump said of Rolls-Royce vehicles, which merchantability for between $350,000 and $520,000 for caller models. “It’s not 1 of the monster car companies that makes millions of cars. They marque a precise tiny fig of cars that are ace luxury."

In his much-touted commercialized agreement with the U.K. announced May 8, Trump kept a 10% baseline tariff connected British products imported to the United States. But helium lowered 25% cosmopolitan tariffs connected automobiles from the U.K. to 10%, portion the 25% complaint inactive applies to vehicles from different countries. Trump besides agreed to destruct 25% tariffs connected alloy from the U.K.

More: Live updates: Trump announces commercialized woody with UK

Trump has argued steep tariffs connected automobiles are needed to assistance rejuvenate the U.S. car industry, but helium said luxury British vehicles autumn successful a antithetic category.

“That’s truly handmade stuff. They've been doing it for a agelong clip successful the aforesaid location,” helium said. “So I said, ‘Yeah, that would beryllium good. Let’s assistance them retired with that one.’”

Trump added: "But that's antithetic than a car institution that comes retired and makes millions of cars."

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As portion of the still-evolving U.S.-UK. commercialized pact, Trump besides said the U.K. has agreed to trim definite tariffs connected U.S. exports. Trump said different details inactive request to beryllium worked out.

Trump said helium volition “rarely” marque the aforesaid tariff reductions connected automobiles during negotiations with different countries. Trump officials person cited substantive commercialized negotiations with 17 countries, including the U.K., and program to footwear disconnected high-stakes talks with China this play successful Geneva.

Reach Joey Garrison connected X @joeygarrison.

This nonfiction primitively appeared connected USA TODAY: Trump boosts 'super luxury' UK automakers successful caller commercialized deal