Import Duties: USA
The question
To ask the Secretary of State for Business and Trade, whether he has considered negotiating a tariff-free or lower-tariff trade corridor with the US for UK SMEs that rely on international supply chains.
Answered by Mr Douglas Alexander
On 8 May, we concluded a landmark economic deal with the US which cuts tariffs for UK industry and cuts costs for businesses.
What we have agreed will provide the foundation for a new reciprocal trading partnership between the US and the UK, protecting businesses and jobs across the country. We are continuing talks on a wider UK-US Economic Deal which will look at increasing digital trade, access for our world-leading services industries and improving supply chains.
We will continue our engagement with businesses from across the UK throughout these remaining negotiations.
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