Import Duties: USA
Commons · Question 22785 · Tabled 8 Jan 2025 · Treasury · Official record
Answered 13 Jan 2025
Question
Asked by Martin Wrigley
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of new US tariffs on the UK economy.
Answer
Answered by James Murray, 13 Jan 2025
HMT continuously monitors external developments and potential impacts on the UK economy, but it will not comment on hypotheticals. The US is one of the UK’s closest partners with a trading relationship worth £304 billion and representing 18% of total UK t...