To ask the Secretary of State for Business and Trade, what recent discussions she has had with his counterparts in the US-EU Task Force on the Inflation Reduction Act on the potential impact of the Inflation Reduction Act on the UK economy.
28 March 2023
We are having regular discussions with the US to represent the interests of UK firms and ensure the UK benefits from any flexibilities in the implementation of the Inflation Reduction Act. The Prime Minister raised UK concerns in his meeting earlier this month with President Biden and the DBT Secretary of State has recently had calls with Commerce Secretary Gina Raimondo and US Trade Representative Katherine Tai. We will continue to work with the US bilaterally on this issue, as well as engaging closely with other key trade partners, including the EU.