Small Businesses: Import Duties
The question
To ask the Chancellor of the Exchequer, whether she has had discussions with her US counterpart on (a) tax exemptions and (b) relief measures for UK-based SMEs that rely on Chinese manufacturing.
Answered by James Murray
The Chancellor regularly speaks with her counterpart, the US Treasury Secretary.
This government will continue to act in Britain’s national interest – for workers, for businesses and for families.
The Chancellor welcomes areas of collaboration such as the recently announced UK-US economic deal of 8 May.
The agreement of 8 May is the first step towards a legally binding Economic Prosperity Deal with the US which will look at increasing digital trade, enhancing access for our world-leading services industries, and improving supply chains.
Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →