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Trump was asked if the trade deal with the U.K. would affect his threats of tariffing films made outside of the U.S.

The U.S. cannot impose a direct tax on a film as it would be a durable good, according to economic experts.

Trump claimed that tariffs on films was a "separate discussion" from the British deal.

"They all live here, the money and everything comes from here but [moviemakers] make them in other countries," Trump said. "We'll do something to bring them back maybe to a large extent but James bond has nothing to worry about, that I can tell you."

During the news conference, Trump and Starmer emphasized that the trade deal between their nations is not finalized.

"The final details are being written up," Trump said.

"And yes, we could iron out some of the details, but fantastic platform here, including on the tech side where I think I can say we are the only two western countries with trillion-dollar sectors when it comes to tech," the prime minister later said.

Lutnick said one of the major aspects of the trade deal agreement involves automobile imports.

The U.K. will be allowed to export 100,000 cars to the U.S. and just pay the baseline 10% tariff.

"That protects their car industry and remember, we do 16 million cars a year. This is only .6%," he said.

Lutnick provided more details on the trade deal with the U.K. and said the U.S. will open up more market access.

"Ethanol, beef, machinery, all the agricultural products, they have agreed to open their markets and that will add $5 billion of opportunity to American export," he claimed.

Lutnick did say that the 10% baseline tariff will remain on the U.K.