Overseas Trade: USA
The question
To ask the Secretary of State for Business and Trade, what steps are being taken to improve trade between the UK and the USA and in particular what steps are being taken to seek improvements on trade with the USA, wherever UK Exporters remain on less favourable terms than their competitors in the European Union.
Answered by Chris Bryant
Contrary to the implication of the question, through negotiations on the Economic Prosperity Deal (EPD), the UK is the only country to have achieved a 10% tariff for autos within quota, a 0% tariff for pharmaceuticals and a preferential 25% tariff on core steel and aluminium exports.
Furthermore, in April, President Trump announced the removal of tariffs on UK whisky exports, which is worth around £1bn each year.
Discussions on the EPD are ongoing, and the UK continues to engage with the US administration at all levels, working to benefit UK exporters.
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