Business and Trade

Jonathan Reynolds Excerpts

Tuesday 8th April 2025 Written Corrections

The following extract is from the statement on UK-US Trade and Tariffs on 3 April 2025.

[Jonathan Reynolds]

With permission, Madam Deputy Speaker, I would like to make a statement on the United Kingdom’s economic relationship with the United States. The UK has a strong and balanced trading relationship with the US worth £315 billion, which supports 2.5 million jobs across both our countries. This is second only to the EU, where our trading relationship is worth £791 billion.

[Official Report, 3 April 2025; Vol. 765, c. 457.]

Written correction submitted by the Secretary of State for Business and Trade, the right hon. Member for Stalybridge and Hyde (Jonathan Reynolds):

[Jonathan Reynolds]

…The UK has a strong and balanced trading relationship with the US worth £315 billion, which supports 2.5 million jobs across both our countries. This is second only to the EU, where our trading relationship is worth £813 billion.