Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, pursuant to the answer of 27 January 2026 to question 106487, what the value is of tariff duties the UK has not incurred through the UK-US Economic Prosperity Deal.
Through EPD negotiations, the UK has agreed preferential trading terms with the US in a range of sectors. This includes locking in a 10% “reciprocal” tariff, 0% for aerospace and pharmaceuticals, and 10% for cars within quota. The UK is also the only country to have avoided 50% steel and aluminium tariffs.
Discussions continue on a wider UK-US Economic Deal which will look at addressing specific tariff and non-tariff barriers and increasing digital and services trade.
We will keep the House fully informed on these developments along with the expected economic outcomes of the final deal.
Impact assessments are completed at the conclusion of a Free Trade Agreement.