- Joint events in US and UK this spring to deepen our thriving
bilateral trading relationship
- Trade Secretary and her US counterpart will be joined by
senior attendees from government, civil society and business to
set strategic direction of UK-US partnership
- Major step in our broader UK-US trade strategy to support
levelling-up agenda and build back better post-pandemic
The UK and US today announce a new series of transatlantic
dialogues aimed at deepening trade and investment ties and
boosting our already-thriving £200bn relationship.
International Trade Secretary and United States
Trade Representative Katherine Tai will be among those gathering
at the Joint UK/US Dialogues on the Future of Atlantic Trade.
The first dialogue will take place in Baltimore, Maryland, on
21-22 March with the second to take place in the UK later in
spring. They will form a platform for further conversations
between the two sides.
The events will bring together government ministers, senior
officials, trade unions, businesses and civil society from both
sides to discuss ways the UK and US can work together to deepen
our trading relationship.
International Trade Secretary said:
The US is our biggest trading partner. Our thriving relationship
already delivers so much for our economies, businesses and
people. Now, more than ever, we recognise the power of deepening
trade ties with like-minded allies around the world.
This new UK-US dialogue is a symbol of our ambition to work even
closer with businesses and workers to promote innovation,
inclusive economic growth and support jobs on both sides of the
Atlantic.
These events are a huge opportunity to make it even easier,
quicker and more cost-effective to do trans-Atlantic trade, but
also to tackle the most pressing challenges we face like
congested supply chains and climate change.
The dialogues will encourage closer collaboration on shared
values such as our respective ‘Build Back Better’ agendas, as
well as explore ways to drive more modern, innovative approaches
to international trade with our biggest trading partner in areas
such as digital, green trade and supporting SMEs.
The Joint UK/UK Dialogues form one part of DIT’s broader approach
to trading with the US. The UK has already begun a major
initiative to identify measures that can lift barriers at a state
level - for example, through discussions on recognising each
other’s professional qualifications.
All of this builds on the work we’ve done such as removing
restrictions on high-quality Welsh lamb and Scottish beef and
reaching an understanding on the longstanding Airbus-Boeing
dispute to remove 25% tariffs on Scotch whisky, while launching
talks to end the Section 232 tariffs on steel and aluminium
produced in Yorkshire, Wales and across the UK.
British Ambassador to the United States Dame said:
In every state I visit I’m struck by the depth and dynamism of
our trade and investment relationship, as well as local support
for a UK-US Free Trade Agreement.
Across the length and breadth of America and the UK, our
partnerships create countless jobs and make us each other’s
biggest investor.
I look forward to supporting the Joint UK/US Dialogues and
working with our closest ally as we each build back better from
the pandemic.
