British Ambassador Peter Mandelson jokingly offers President Trump a "modest discount" on a Rolls-Royce.
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00:00So what does Britain have to do for you to drop the baseline 10% tariff that you will maintain?
00:09Well, I think that's set because that has to do with a lot of different things, including past.
00:14You know, there are a lot of past things that we talk.
00:16This is very inclusive.
00:18We included everything, and that's pretty well set.
00:22Yeah, please.
00:22Yeah, Mr. President, the 10% baseline tariff remaining in place,
00:26is that a template for these future trade deals?
00:28No.
00:28You say you're going to keep it here.
00:29Is it going to stay in every case?
00:31No, that's a low number.
00:33They made a good deal.
00:35Many, some will be much higher because they have massive trade surpluses,
00:39and, you know, in many cases they didn't treat us right.
00:41One thing with the U.K., they had it, you know, somewhat closed.
00:46Not like a China, as an example, but they always treated us with great respect.
00:51They treated us with great respect.
00:53The template of 10 will, is probably the lowest, and therefore they, you know, made that deal.
01:05But they, you know, we've had just a very special relationship with them.
01:10Like, I won't do that deal with cars.
01:11I mean, unless somebody shows me that there's another kind of a car that's comparable to a Rolls-Royce,
01:15then there aren't too many.
01:17This is a good commercial for Rolls-Royce, but...
01:19I'm going to order a lot of cars.
01:21Mr. President, I wonder whether you'd like to buy.
01:24Oh!
01:24Well, the last time this happened, I would be happy to suggest a discount,
01:31obviously a very modest discount.
01:34I've had many of them, actually.
01:38You know, the last time that happened, I ended up buying a Tesla, you know.