Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, if he will make an assessment of the potential impact of the UK leaving the EU on the level of tariffs applied to the UK by the US.

The UK has a strong and balanced trading relationship with the US worth £315 billion. Investment supports around 2.5 million jobs across both countries. Trade is second only to the EU where our trading relationship is worth £813 billion. The level of tariff applied to any country, including the UK, by the US is determined by the US government.

On 8 May, the UK government announced a landmark economic deal with the US, making the UK the first country to reach an agreement with President Trump. This deal protects jobs in the automotive, steel, aluminium, pharmaceutical and aerospace sectors - sectors that employ over 320,000 people across the UK.