Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, whether his Department has made an assessment of the potential impact of US tariffs on economic growth.
My department has been assessing the impact of US tariffs on the UK economy, in a rapidly changing global trading environment. We are constantly engaging directly with businesses from across all sectors to gather real time intelligence on the impact of tariffs to directly inform our discussions with the US. This analysis underpinned our agreement of the Economic Prosperity Deal, which protects jobs in the automotive, steel, aluminium, pharmaceutical and aerospace sectors - sectors that employ over 320,000 people across the UK.
By securing and implementing this deal, we are supporting the conditions necessary for economic growth.