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Written question asked by Baroness Bray of Coln (Conservative) on Monday, 20 July 2026, in the House of Lords. It was due for an answer on Monday, 3 August 2026. It was answered by Lord Leong (Labour) on Monday, 3 August 2026 on behalf of the Department for Business, Innovation, Science and Trade.


USA: Trade Agreements

Question

To ask His Majesty's Government what assessment they have made of the implementation of the UK-USA Free Trade Agreement.

Answer

In May 2025, the UK and US announced the General Terms for the Economic Prosperity Deal (EPD), which will protect thousands of jobs, support key British industries and help drive economic growth.

We have implemented reciprocal duty-free quotas for beef, and the US has implemented a 100,000-unit annual quota for automobiles, reducing tariffs to 10%. On 24 July 2026, the US implemented the removal of tariffs on UK whisky and medical technology.

Discussions on the EPD continue.


Secondary information

Type
Written question
Reference
HL2296
Session
2026-27
Subjects
Trade agreements USA
Link
View this Written question on www.parliament.uk