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The Minister of State, Department for Business and Trade and HM Treasury (Baroness Gustafsson) (Lab)

Speaking in the House of Lords on 12 May 2025

Debate

UK-US Trade

Contribution

My Lords, on Thursday 8 May we were delighted to announce the agreement of a landmark economic deal between the United Kingdom and the United States, making the UK the first country to get an agreement with President Trump. It was the second major trade announcement of the week, following the India free trade agreement on Tuesday 6 May. What we have agreed will provide the foundation for a new reciprocal trading partnership between the US and the UK and secure actions that will protect jobs across the country and protect British businesses.

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