Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether she has had discussions with her US counterpart on (a) tax exemptions and (b) relief measures for UK-based SMEs that rely on Chinese manufacturing.
The Chancellor regularly speaks with her counterpart, the US Treasury Secretary.
This government will continue to act in Britain’s national interest – for workers, for businesses and for families.
The Chancellor welcomes areas of collaboration such as the recently announced UK-US economic deal of 8 May.
The agreement of 8 May is the first step towards a legally binding Economic Prosperity Deal with the US which will look at increasing digital trade, enhancing access for our world-leading services industries, and improving supply chains.