Welcome to the July BABN Policy and Trade Update.

June continued to see major developments to the transatlantic trade and investment environment, with the implementation of some of the provisions agreement in the US-UK Economic Prosperity Deal provisions, particularly the tariff reductions for the UK auto and aerospace sectors. While there is still progress to be made, this implementation was a welcome announcement to UK exporters to the US. Three days later, the UK’s New Trade Strategy was published, providing a framework for stronger trade policy and trade promotion alignment.

In addition, BAB published its latest annual Trade Guide for 2025/26, marked by a launch event held in New York, with the support of HM Trade Commissioner for North America, Oliver Christian. This year’s Guide is a great resource for US companies exploring opportunities to export or expand their business into the UK. BAB also celebrated the 5th Transatlantic Growth awards, which acknowledged US and UK businesses that had made significant transatlantic investments in 2024.

On the policy front, BAB has been actively engaged in advocacy against provisions within the One Big Beautiful Bill. BAB was pleased with the recent announcement to remove Section 899 from the document, providing a greater level of certainty for the investment corridor.

BAB also released its 2025 report on the transatlantic Life Sciences environment, further affirming the importance of the sector following the signing of the US-UK Economic Prosperity Deal and its prioritisation within the UK’s recently published Modern Industrial Strategy.

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

2025/26 Trade Guide Release
26 June 2025

Overview: BritishAmerican Business (BAB) is pleased to announce the release of the 2025/26 edition of Finding Your Way: The Trade and Investment Guide to the UK, a vital resource for US companies exploring opportunities to export to or expand their business into the UK.

This updated edition offers US companies clear, practical guidance on every step of their journey into the UK market. It provides advice on all the issues that businesses must consider when expanding, from logistics and legal to finance, funding and taxation to talent acquisition and immigration.

The 2025/26 edition highlights why the UK remains a top destination for US businesses. The Guide compliments the ambitions set out in the UK Government’s Modern Industrial Strategy, showcasing the country’s strengths in innovation, high-growth industries, and the opportunities across its diverse regional economies.

Finding Your Way profiles the services and support available from both the UK and US governments, leading industry associations, and trusted networks.

Learn more: You can read our full guide here.

UK Industrial & Trade Strategies Released
23 & 26 June 2025

Modern Industrial Strategy: The UK Government released its long-anticipated Modern Industrial Strategy, outlining key priorities to drive productivity, competitiveness, and sustainable growth.

BAB’s response: BAB welcomed the publication of the Modern Industrial Strategy and hopes it will deliver the comprehensive framework the transatlantic business community has advocated for. BAB was pleased to see a number of its priorities having been taken into account, including a significant reduction in energy costs for UK businesses; strengthened cross-departmental coordination; new statutory obligations for regulators to support the UK’s growth agenda; and a Business Growth Service to streamlines business engagement.

Trade Strategy: The UK Government also released its new Trade Strategy, which aims to align trade policy and trade promotion with the growth ambitions identified in the UK’s Industrial Strategy.

BAB’s response: The emphasis on boosting Britain’s serces exports is especially important for the transatlantic corridor. The US remains the UK’s largest services export market, worth over £126 billion last year. BAB was also pleased to see a renewed commitment to progressing mutual recognition of professional qualifications.

BAB looks forward to working with government to support its implementation of these strategies in the coming months.

Continue reading BAB Policy and Trade Update, July 2025 HERE