Politics

Drop tariffs on British steel to pave way for ‘all-dancing’ UK-US trade deal, senior minister to tell Biden’s team today


By Anne-Marie Trevelyan, Trade Secretary

The UK and US are not just partners – we’re family. And ties between our two nations run deep, from fighting side by side in two World Wars to streaming each other’s music and films or cheering each other’s sports teams.

We also enjoy a thriving trading relationship. More than 1.2 million people work for British-owned businesses in the US. And new DIT figures show US-owned businesses support almost 1.5 million jobs in the UK.

The majority of these are outside London and the South East, helping to level up our country and bring the benefits of trade and investment to every corner of the UK.

We’ve recently strengthened our trading relationship further, putting British beef back on US plates and lowering the cost of selling Scotch whisky.

Just last week we also secured a major win for British farmers after the US lifted its ban on UK lamb, which could be worth £37 million in the first five years.

Today, I am flying to the US to build on this great progress.

To bang the drum for British business and investment, and talk about how we can work together on shared challenges such as climate change or defending free and fair trade by making sure all countries play by the rules.

It will also be a chance to sit down with some of their top politicians and have a frank discussion on areas we can do better.

On steel for example, we want to see tariffs dropped on both sides, but make no apology for sticking up for our brilliant British steel industry.

It’s high time we get on and sort this issue, but we will only move forward on terms that are right for the UK.

As an independent, deal-making nation, we are ready to take our relationship with the US to the next level so we can boost trade for businesses on both sides of the Atlantic, build back better from the global pandemic, and seize the immense benefits of an all-singing, all-dancing trade deal in the future.





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