Trump did not provide any timing on when Alexander is expected to be released.
The White House said on Sunday that it reached a trade deal with China as the two countries negotiated for a second day in Switzerland. China has yet to comment on Sunday's talks.
"We’re confident that the deal we struck with our Chinese partners will help us to work toward resolving that national emergency,” U.S. Trade Representative Jamieson Greer told reporters in Geneva. But Treasury Secretary Scott Bessent said "substantial progress" had been made but stopped short of touting a full deal.
On Thursday, President Donald Trump announced a trade deal with the United Kingdom -- the first in what the White House said it hopes will be a flurry of agreements while the reciprocal tariff pause is in effect. With UK Prime Minister Keir Starmer on speaker phone in the Oval Office, the leaders conceded that they are still working out the details of the agreement.
Trump credited Brexit for helping to get the tentative deal with the U.K. and bashed the European Union.
"We intend to make a deal with Europe. We have found that the European Union treated us extremely unfairly. They are very difficult, and hurt themselves in doing so and very much want to make a deal. We're dealing with them currently," he said.
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.
