Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, if he will make a comparative assessment of US tariffs on the UK (a) in July 2024 and (b) under the new UK-US trade deal.

On 8 May, we concluded a landmark economic deal with the US. We’re the first country to secure a deal with the US which gives our companies a preferential tariff rate. Lowering or removing tariffs across a range of sectors will help to ease the burden on businesses by reducing costs and making them more competitive, which in the long run will help to secure jobs and avoid businesses closing.

We are continuing talks on a wider UK-US Economic Deal which will look at increasing digital trade, enhancing access for our world-leading services industries and improving supply chains.