US Steel and Aluminium Tariffs Debate
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Lord Swire
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US Steel and Aluminium Tariffs
Lord Swire Excerpts(2 days, 17 hours ago)
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Baroness Jones of Whitchurch (Lab)
My noble friend is absolutely right that we are continuing to discuss with the US the possibility of a trade deal. In the economic and tech sectors, there is the possibility of agreements on the basis of mutual interest. Those discussions are ongoing, and I hope to update the House on them in due course.
Lord Swire (Con)
My Lords, while I very much welcome the action and words that the Prime Minister is using to defend the United Kingdom in this respect, does the Minister share my concern that, if the United Kingdom is to be exempt from any tariff war with the United States but the EU is not, the EU will seek some kind of revenge on the United Kingdom? What will the Government’s reaction be if that is the case?
Baroness Jones of Whitchurch (Lab)
My Lords, that is very much a hypothetical question. As I said earlier, we have very good relations with both our key partners, the US and the EU, and we will continue to aim to maintain those relationships. We have seen no sign that the EU will take any action against us, and we will continue to pursue good, friendly and trade-based relationships with the EU.