Trade Agreements: USA
The question
To ask the Secretary of State for Business and Trade, whether his Department prepared an impact assessment on the trade agreement between the US and the UK, announced on 8 May 2025.
Answered by Mr Douglas Alexander
We are currently implementing the first phase of the UK-US Economic Prosperity Deal. This deal protects almost 45% of UK goods exports to the US.
We are committed to continuing talks with the US, looking at increasing digital trade, enhancing access for our world-leading services industries and improving supply chains. Impact assessments are completed at the conclusion of a Free Trade Agreement.
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