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Written question asked by Lord Cruddas (Conservative) on Friday, 13 June 2025, in the House of Lords. It was due for an answer on Friday, 27 June 2025. It was answered by Baroness Gustafsson (Labour) on Monday, 30 June 2025 on behalf of the Department for Business and Trade.


Trade Agreements: USA

Question

To ask His Majesty's Government what processes they will introduce to ensure that small and medium-sized enterprises can access and benefit from UK–US trade deal provisions.

Answer

The government remains relentlessly focused on making sure British businesses, including SMEs, can feel the benefits of the deal as soon as possible.

On 16 June the US confirmed that certain UK aerospace products will no longer be subject to US tariffs. We have also secured agreement from the US that they will expedite the agreed quota for car exports to the US, reducing US tariffs from 27.5% to 10%. This will support businesses of all sizes in these sectors.

We are continuing talks on a wider UK-US Economic Deal which will look at increasing digital trade, enhancing access for our world-leading services industries and improving supply chains, including for SMEs.


Secondary information

Type
Written question
Reference
HL8429
Session
2024-26
Subjects
Trade agreements Small businesses USA
Link
View this Written question on www.parliament.uk