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Trade Agreements: USA

Asked by Mr Peter BedfordConservativeDepartment for Business and TradeTabled Answered 19 February 2025UIN 29677

The question

To ask the Secretary of State for Business and Trade, what recent progress his Department has made on negotiating a free-trade agreement with the US.

Answered by Mr Douglas Alexander

The UK-US trading relationship is already worth around £300 billion, supporting over a million jobs and representing 17% of total UK trade. This government's priority is economic growth and increasing trade with international partners is a major part of that. The Prime Minister had a warm call with President Trump on 26 January where they discussed trade and the economy and agreed to meet soon for further discussions.

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