Trade Agreements: USA

(asked on 19th January 2026) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what the value is of tariff duties the UK has avoided on its goods exports through the UK-US Economic Prosperity Deal and any related updates to this agreement.


Answered by
Chris Bryant Portrait
Chris Bryant
Minister of State (Department for Business and Trade)
This question was answered on 27th January 2026

UK goods exports to the US amounted to £63 billion in the 12 months to the end of September 2025.

Thanks to the Economic Prosperity Deal, the UK has secured 0% tariffs for the aerospace sector, preferential 25% tariffs on steel and aluminium and cut automotive tariffs to 10% within quota, protecting industries that export tens of billions to the US. The UK has also secured 0% tariffs for the pharmaceutical sector.

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