Donald Trump has announced a trade deal with the UK, but the U.S. president has said that his film tariff will not be included in the agreement that will be “so good for both countries.”

Speaking from the Oval Office — where he was flanked by Peter Mandelson, the British Ambassador to the U.S. — Trump said he and Prime Minister Keir Starmer had achieved what their predecessors could not in striking an economic agreement.

The deal will mean the UK secures relief from American tariffs on goods including steel and cars, but Trump made clear that his shock plans to slap a 100% tariff on film imports remains on the table.

He told reporters that the film tariff would be discussed separately with the UK, adding that his administration plans to stop productions from leaving America. “Everything comes from here, but they make them in other countries. So we’re...