Rolls-Royce Holdings PLC (LSE:RR.) shares climbed 4% higher after the aerospace engine maker was included in the US-UK trade deal.
US Commerce Secretary Howard Lutnick said he has "allowed Rolls-Royce engines and plane parts to come over tariff-free".
Trump added that Rolls tariffs would be taken down to 10% from 25%.
US President Donald Trump and UK Prime Minister announced some headline details about the framework of a trade deal, which the two countries agreed this week.
Starmer said the US-UK trade will boost trade and create jobs, calling the agreement "a fantastic platform" and "hugely important" for the automotive and steel industries in the UK.
Trump said the UK trade deal is "good for both countries" and will bring the UK back into “economic security alignment” with the US.
The US and UK have agreed to “work together on steel”, he said, with the deal increasing access for US beef and ethanol.
The UK will eliminate non-tariff trade barriers, he says, with US goods to “move fast” through customs.
Final details of the deal are being written up in the coming weeks, he said.
Aston Martin Lagonda Global Holdings PLC (LSE:AML) was one of the highest risers on the FTSE 250, up over 10% on the automotive element of the agreement.