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03 June 2019

Trump visit: Future trade deal must include small businesses

Commenting on US President Donald Trump's state visit to the UK, Federation of Small Businesses (FSB) National Chairman Mike Cherry said: “As President Trump’s state visit takes place, it’s crucial that talks over our future trading relationship are seriously discussed.

“When President Trump meets with politicians and officials over the next couple of days, it’s vital that the needs of small businesses which make up 99% of all firms in the country are fairly represented.

“As talks begin on our future trading relationship with the United States after Britain leaves the EU, it’s vitally important that small firms are considered.

“The size of the market means that the US is seen at the most important single nation to be trading with. Around 50% of all exporting or importing small firms choose the country as their priority market.

“Having a strong narrative around the ease of trading with these markets, should create an attractive and accessible proposition for small businesses considering exporting beyond the EU. This is likely to be particularly effective with first time exporters or importers.”