Trade Agreements: USA
The question
To ask the Secretary of State for Business and Trade, pursuant to the Answer to Question 50646 on Trade Agreements: USA, what progress his Department has made on trade talks with the United States.
Answered by Chris Bryant
The UK continues to engage across the range of issues outlined in the General Terms for the UK-US Economic Prosperity Deal.
During President Trump’s State Visit in September, the UK and US announced the Technology Prosperity Deal focused on developing fast-growing technologies like AI, quantum, and nuclear.
The US also confirmed in September that the UK will not face an increase in steel and aluminium tariffs to 50% and will remain the only country in the world to benefit from a preferential 25% rate, thanks to the EPD. The UK received a preferential 10% rate for tariffs imposed in October on lumber products.
Discussions continue on digital and services, tariff and non-tariff barriers, and Section 232 tariffs.
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