UK-US Trade and Tariffs

Neil Shastri-Hurst Excerpts

Thursday 3rd April 2025 Commons Chamber

[Jonathan Reynolds]

The creative industries are not just a wonderful cultural asset to the UK but a tremendous economic asset as well. I do not necessarily agree with the commentary in parts of the media that posits a tension between being a creative powerhouse and supporting the tech sector. There is a way through that, and that is what my work in government seeks to achieve. I think we all recognise the economic impact on the UK of our creative sector, the cultural soft power that comes from it and the huge asset it represents. That is always first and foremost in our thoughts.

[Dr Neil Shastri-Hurst (Solihull West and Shirley) (Con)]

It is estimated that 25,000 jobs directly linked to the automotive sector are at risk due to reduced exports to the United States. That is a deep concern to many of my constituents who work at either JLR in Solihull or Aston Martin in Gaydon. Can the Secretary of State set out what specific steps he is taking to protect those jobs, and whether it will involve reforming the regulatory environment in which they operate?

[Jonathan Reynolds]

I have seen the Institute for Public Policy Research report that contains that figure. Because the automotive sector is such a jewel in our crown, we are all aware of what would happen if we were not able to find a way through this. Our work to find that deal and remove this threat of tariffs is intended precisely to deliver that way through. I met Aston Martin yesterday, as an example of the work we are trying to do.

The hon. Gentleman asks a specific question about the regulatory environment we inherited. I cannot pre-empt the publication of the consultation, which has just finished, but he will be aware of comments I have made publicly about changing that to reflect different circumstances. He will not have to wait long for the outcome to be published, and I can tell him that the Secretary of State for Transport, the Secretary of State for Energy Security and Net Zero and I are aligned on ensuring that we get the regulatory environment correct for the future.