Import Duties: USA
The question
To ask the Secretary of State for Business and Trade, whether his Department has made an assessment of the sectoral economic impact of US tariffs.
Answered by Chris Bryant
My department has been assessing the impact of US tariffs on the economy. This includes sector-by-sector impact assessments and scenario modelling. We are constantly engaging directly with businesses from across all sectors to gather real time intelligence on the impact of tariffs to directly inform our discussions with the US and the ways that we support UK businesses in this rapidly changing environment.
This analysis underpinned our agreement of the Economic Prosperity Deal (EPD), which protects jobs in the automotive, steel, aluminium, pharmaceutical and aerospace sectors - sectors that employ over 320,000 people across the UK.
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