UK-US Trade and Tariffs

Rachel Taylor Excerpts
Thursday 3rd April 2025

(2 days, 10 hours ago)

Commons Chamber
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Jonathan Reynolds Portrait Jonathan Reynolds
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I agree: this is one of the principal issues that we have to address. Whether it is on farming, textiles or whisky, what is going on in the rest of the world and other countries’ relationship to the US have a direct impact, even though that does not relate directly to the conversation about tariffs and our own trade deal with the US. I am meeting the chair and chief executive of the Trade Remedies Authority imminently. This is a crucial part of the work that we have to get right. We have some measures in place for steel and aluminium, but we have to ensure that we are ready for other sectors of the economy, too.

Rachel Taylor Portrait Rachel Taylor (North Warwickshire and Bedworth) (Lab)
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Many of my constituents work at Jaguar Land Rover or in the motor manufacturing supply chain, and they are really concerned about 25% tariffs on exports to the US. Can the Secretary of State set out what steps he is taking to get those tariffs reduced and to support west midlands businesses before I meet Jaguar Land Rover later today? Does he agree that a calm and measured approach is exactly what is needed to get the best deal for British businesses?

Jonathan Reynolds Portrait Jonathan Reynolds
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JLR is an example of an incredible UK-based business in terms of its success in the US, China and other parts of the world. We want to maintain that and give that business the platform it needs for that success. I am in regular contact at the most senior levels with JLR. I am delighted to hear that my hon. Friend is meeting it today to share some of these messages of reassurance. I know that, like all businesses, it supports this calm, pragmatic, rational approach to finding a better trade relationship with the US, not just to avoid the imposition of what was announced yesterday evening.