NewsCase StudiesEvents

International Trade minister visits Washington DC and New York City

Also in the news...

Import firewood into England, Scotland or Wales

Find out how to import firewood, such as logs and kindling, into England, Scotland and Wales (Great Britain).

How to check if you can delay customs payments and declarations

If you’re a business that currently buys goods from or sells goods to countries outside the UK, or are planning to trade with Europe from January 2021, HMRC’s new tool can help you identify ways you might be able to make the customs process easier for cheaper for your business. This short video shows you how to use the tool.

How can a customs intermediary or agent help me?

If you’re a UK business thinking about moving goods into or out of the UK , this video is here to help you understand how customs intermediaries or agents can help you. For more information have a look at the guidance available on gov.uk.

What are commodity codes?

If you're buying or selling goods abroad, you need to work out the amount of duty or VAT you owe. This short video tells you how to find out the ‘commodity code’ classification for your goods, using our Trade Tariff tool. Find out more on GOV.UK

What are controlled goods?

You’ll need a licence to import or export certain types of controlled goods. You may also need to pay extra duty in the UK. Unsure if this applies to your goods? This short video explains more about the types of goods that are classed as controlled. Find out more on GOV.UK

International Trade minister visits Washington DC and New York City

Back to News

A free trade agreement is top of the International Trade Secretary’s agenda during her visit to the US this week.

During her four day visit between Tuesday 6 and Friday 9 August Liz Truss will meet United States Trade Representative in charge of trade negotiations Robert Lighthizer, United States Secretary of Commerce Wilbur Ross and other senior officials and figures from Congress.

She will meet with businesses as well as the U.K.-US Business Council to discuss the opportunities presented by a US-UK Free Trade Agreement for businesses on both sides of the Atlantic.

On Thursday she will give a speech to an audience at the Heritage Foundation in Washington DC.

On Friday in New York City, she will meet UK-US businesses and to visit the New York and New Jersey Port Authority, one of the largest contiguous foreign-trade zones in the United States.

Recent stats show that the US is now the UK’s biggest export and import partner.

Speaking about her visit the International Trade Secretary said:

Negotiating and signing an exciting new free trade agreement with the US is one of my top priorities. Having already laid the groundwork, we are working at pace to make sure our businesses are able to take advantage of the golden opportunity to increase trade with the US as soon as possible.

The US is our biggest trading partner and we have more than $1 trillion invested in each other’s economies. We want to get formal talks moving quickly.

Both governments are committed to negotiating and securing a free trade agreement as soon as possible.

Both countries have more than $1 trillion invested in each other’s economies. Every day a million Americans go to work for British companies and a million Britons work for US companies.

The UK has already made great progress on UK-US FTA preparations. The 6th UK-US Trade and Investment Working Group concluded in London on Thursday 11 July and involved more than 100 officials from both sides. The UK and US negotiation teams held exploratory discussions on all the major policy areas typically found in free trade agreements. DIT also recently published a summary of the public consultation – one of the largest consultation exercises the UK Government has ever undertaken.

In parallel, work between our governments has ensured continuity for businesses after the UK leaves the EU, notably through Wines and Spirits Agreements, the UK-US ‘Open Skies’ Air Services Arrangement, and a Mutual Recognition Agreement on Conformity Assessment which covers trade in sectors worth up to £12.8bn.

gov.uk

You are not logged in!

Please login or register to ask our experts a question.

Login now or register.