Last month saw the signing of the UK-Texas Statement of Mutual Cooperation. With this new agreement, the UK has now signed eight state-level trade pacts with US states. In conjunction with the signing of this latest agreement, BAB has produced a comprehensive analysis of all MoUs signed so far between the UK and US states – more on that below. Earlier in the month, we also saw the Spring Budget being delivered, which included a number of announcements concerning businesses. Beyond that, both the UK and the US are gearing up for the elections, with useful work being done to assess the impact of various election outcomes for businesses on both sides of the Atlantic.

This month, we look towards the 8th SME Dialogue, taking place on the 16th of April in Belfast, Norther Ireland. This will be an opportunity for small and medium businesses and stakeholders on both sides of the Atlantic, together with government officials, to meet and join discussions to identify ways to deepen US-UK trade and investment ties and strengthen cooperation on issues of mutual interest to SMEs. We also expect an official announcement of the next US-UK Comprehensive Dialogue on Technology & Data meeting to be made soon.

See the report for a breakdown of policy and trade headlines and our published works.