A UK government statement published on 11 September 2026 reported that the 10th UK-U.S. SME Dialogue was held in Cardiff, Wales, on 9 September 2026, with over 80 UK and U.S. small and medium-sized businesses and business organisations taking part. The statement said the Dialogue is convened by the Department for Business, Innovation, Science and Trade with the Office of the United States Trade Representative, the U.S. Department of Commerce and the U.S. Small Business Administration.

According to the statement, the event opened with remarks from Graham Floater, UK Director of US Strategy and Negotiations at BIST, and Bryant Trick, Assistant U.S. Trade Representative for Europe and the Middle East at USTR, who have negotiated the UK-U.S. Economic Prosperity Deal. Additional comments came from Bradley McKinney of the U.S. Commercial Service and Tom Taylor, Deputy Director for Wales at BIST, who spoke about the UK-U.S. relationship and the role of SMEs in trade, investment and growth.

The statement said attendees discussed opportunities and obstacles to SME trade, SMEs and the future of manufacturing, SME innovation in digital and AI sectors, and UK-U.S. SME supply chains and investment. It cited 2025 UK-U.S. trade worth £332 billion, with £1.2 trillion invested in each other's economies at the end of 2024. The statement said trade data covered the 12 months to March 2026 and came from ONS, while FDI data was as at the end of 2024.