UK-US Trade and Tariffs

Debate between Jonathan Reynolds and Desmond Swayne
Thursday 3rd April 2025

(2 days, 2 hours ago)

Commons Chamber
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Jonathan Reynolds Portrait Jonathan Reynolds
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I am grateful to my hon. Friend. I have been in touch with a lot of people who have been this country’s Business Secretary, including some Conservative colleagues who remain in touch. I find that, at times, to be a very useful and worthwhile thing. I cannot tell my right hon. Friend that I am in touch with Boris Johnson on this or any other matter.

On the work of the previous Government, nothing substantive was negotiated in the trade talks they had with the US. This is a very different situation, but one where I think, if we get it right, there are gains. As I say, it is not just to avoid what was announced last night or before that on steel, aluminium and automotive tariffs, but to genuinely improve that trading relationship to our mutual benefit.

Desmond Swayne Portrait Sir Desmond Swayne (New Forest West) (Con)
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Tariffs are always and everywhere a diminution of the choice available to consumers. So it is not liberation day; it is the very antithesis. I hope the Secretary of State will bear that in mind as he considers the policy and the consultation on any retaliatory action.

Jonathan Reynolds Portrait Jonathan Reynolds
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I am grateful to the right hon. Gentleman for how he has put that. I think he is right on where the burdens of policy fall in that area. It is not in anyone’s interest. No one wins a trade war; that is impossible. However, it requires us to react in a way that is calm, reassuring and pragmatic and which seeks a way forward. I can tell him that that is exactly what this Government will seek to do.

Jonathan Reynolds Portrait The Secretary of State for Business and Trade (Jonathan Reynolds)
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I beg to move, That the Bill be now read a Second time.

Desmond Swayne Portrait Sir Desmond Swayne (New Forest West) (Con)
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Will the Secretary of State give way? [Laughter.]

Jonathan Reynolds Portrait Jonathan Reynolds
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Of course—why not?

Desmond Swayne Portrait Sir Desmond Swayne
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When did weights and measures become metrology? Is this use of newspeak deliberate to cover an Orwellian attempt to cloak this huge grab for power, and to what end?

Jonathan Reynolds Portrait Jonathan Reynolds
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I am grateful for that intervention very early on in proceedings. I cannot provide a definitive answer to the right hon. Gentleman on the naming of the Bill, but I promise that I will find out and put it to him in writing. But he will know that the Bill was, I believe, originally planned by the previous Government because of the need to repatriate powers to the United Kingdom as a result of our exit from the European Union. It is something we need in our toolkit, so, far from being Orwellian, it is a pragmatic, practical proposal. I look forward to now making the case for it in more detail.

The primary mission of this Government, and the driving force of my Department, is stronger economic growth: not just growth that looks good on paper, but growth that is seen and is felt on our high streets, in our towns and cities, and in the communities we serve; growth that reverses 15 years of stagnation, with all the negative consequences we all felt during that time. To do that, we need an economy in which shops and small businesses can compete on a more level playing field with online marketplaces and the big tech giants. We need an economy that promotes investment and innovation, but at the same time ensures consumers and businesses have real, modern protections. That is why the Product Regulation and Metrology Bill is a small but hugely important piece of legislation, one that will further cement the UK’s status as a world leader in product regulation and safety.