Question to the Department for Business and Trade:
To ask His Majesty's Government what processes they will introduce to ensure that small and medium-sized enterprises can access and benefit from UK–US trade deal provisions.
The government remains relentlessly focused on making sure British businesses, including SMEs, can feel the benefits of the deal as soon as possible.
On 16 June the US confirmed that certain UK aerospace products will no longer be subject to US tariffs. We have also secured agreement from the US that they will expedite the agreed quota for car exports to the US, reducing US tariffs from 27.5% to 10%. This will support businesses of all sizes in these sectors.
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, including for SMEs.