Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what guidance he provides to SMEs that face disruption as a result of changing tariff regimes.

The Government is conscious that this is an anxious time for all businesses, not just those trading with the USA.

We have announced a range of measures to support SMEs dealing with cashflow difficulties linked to recent changes in global tariff rates, including an additional £500 million in lending capacity under the Growth Guarantee Scheme (GGS), delivered by the British Business Bank.

We are also expanding UKEF’s business support package by £20 billion, £10 billion of which will be used specifically for businesses impacted in the short term by the current US tariffs.