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Journalist Peter Oborne admitted to James that he had made a mistaken analysis. Now he thinks that fellow Brexiteers must swallow their pride and think again.
Jacob Rees-Mogg has put his name to an “Economists for Free Trade” (EfT) report claiming a no-deal Brexit would bring a £1.1 trillion boost to the British economy over the next 15 years. This is pure fantasy. The overwhelming consensus amongst economists is that quitting the EU with no deal would be a disaster on a truly magnificent scale.
This database contains information on only those agreements that have either been notified, or for which an early announcement has been made, to the WTO.
This week: Why Dominic Cummings is putting out information chaff to create the impression of activity. Which good Remainy cause are YOU going to donate your shiny Brexit 50p to? Would Paddington Bear be rejected for Settled Status? Why are the Brexiters placing their faith in the WTO and Trump just as Trump is trying to neuter the WTO itself?
Government breaks its promise on no customs checks in the island of Ireland / Is Johnson throwing Ireland under the Boris Bus (again)? / Priti Patel decides that Britain is not a country but a Russell Group university. / What really makes Dominic Cummings tick? / Chris Southworth of the International Chamber of Commerce gives us the latest on those amazing WTO terms
Russia is among 20 countries that are looking to squeeze a commercial advantage from Brexit after blocking an attempt by the international trade secretary, Liam Fox, to fast-track a World Trade Organization deal on the UK’s terms of trade with the world.
The foreign secretary is asked why the UK would want to rely on organisation with ‘inherent flaws’ that ‘even its leader recognises is struggling with legitimacy’.
UK’s recent narrow understanding of sovereignty belongs to a receding Trumpian world.
The EU and UK can’t agree on the best approach to state aid rules. However, it’s in the best interests of both parties to compromise on the issue.
Taiwan objects to Britain's proposed rules for managing its trade in services after it leaves the European Union and has requested negotiations at the World Trade Organization, according to a document seen by Reuters today.
Terrifying ignorance by the ERG’s @ABridgen, saying UK can get ten years on zero tariffs to agree an FTA by “instigating GATT24”, being told by @NickBoles the WTO have already ruled out that option...
Rooted in an imperial past, they can’t see the huge damage that trading on WTO terms would inflict on the UK economy.
Despite calls to 'take back control' the economic reality is that tariffs will be determined by the 'bound rates' that the UK already has in place under the WTO and, ultimately, no tariff regime will make up for loss of access to the EU market
Although his plans for citizens' juries to sort out Brexit are interesting, we’ve got our issues with Rory Stewart. But take a listen to him trying to talks sense into a typical “WTO, let’s go“ hard Brexiter on the BBC’s World At One, and your estimation of him will rocket.
Even before the coronavirus, the organization was hurtling toward the irrelevance that doomed its predecessors.
Trade experts have poured cold water on the idea that Britain could invoke an obscure clause in the international trade rules if it leaves the European Union without an agreement, but they say the claim keeps resurfacing to justify a no-deal Brexit.
I'm a former trade negotiator at the WTO and other places for Australia. Explaining trade accessibly is my only party trick.
This issue of Commonwealth Trade Hot Topics analyses ‘Brexit’ – the UK’s departure from the European Union (EU) – and shows that the effects for some Commonwealth countries may be severe unless specific actions are taken to avoid this.
It is one of the starkest of all Brexit contradictions. The most strident supporters of the project want to leave the EU because it imposes demands upon the UK, but then also secure a trade deal with the US which would involve accepting a whole new set of obligations.
UK may face seven-year wait for frictionless trade under WTO rules if it crashes out of EU.
Move aimed at smoothing relations as president-elect Joe Biden prepares to take office.
'Yet a no deal outcome would still have profound implications for the uK. as we analyse in what follows, from trade to connectivity to foreign policy to cooperation in policing, a failure to strike an agreement with the eu will impact on us in numerous ways.'