Question to the Department for Business and Trade:
To ask His Majesty's Government what progress they have made in negotiating a free trade agreement with the United States of America; and when they expect an agreement to be reached.
In 2020, the UK and US held five productive rounds of negotiations on a Free Trade Agreement (FTA).
We remain ready to progress these discussions, but recognise that the US is not currently focused on FTAs with any country. In the meantime, we have done much to help grow our £279bn* of annual bilateral trade. In the last year, we’ve removed US tariffs on UK steel and aluminium and ended the US ban on UK lamb and beef exports. We’ve also been working closely on shared priorities identified at the recent UK-US Trade Dialogues – including digital trade and support for small and medium-sized enterprises.
* Total UK-US trade (goods and services / exports plus imports) in 2022