Member

On economic security, the deal will ensure co-operation on non-market policies from third countries, investment security and export controls. With the United States Government, we will continue to advance the UK’s national interest in key sectors where discussions continue, such as pharmaceuticals, semiconductors, critical minerals, copper, lumber and film production. We will seek the best possible deal and outcome for these vital parts of our economy, and those working on our critical infrastructure. We have also committed to further negotiations on tariff reductions to enhance the UK-US trading relationship. Without this Government’s swift action, the economic impact of US tariffs would, candidly, have been extremely severe.