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Maybe it has not been explained often and simply enough why there won't be frictionless trade - even with a trade agreement. So let me try to do this: WHAT IT TAKES TO HAVE FRICTIONLESS TRADE - AND WHY WE WON'T HAVE IT WITH THE EU EVEN WITH A TRADE DEAL (thread)
Every time Johnson Government waffles on about NI's integral place in UK Internal Market and guarantee of unfettered trade with Great Britain, this Commission summary of what businesses need to prepare for under Tories' "Great Brexit Deal" acts as a very effective lie detector.
'I'm not opposed to tariff cuts, but this article which pretends tariffs are levied on the RETAIL price of a good and that consumers will see a 10% saving at the shops from a 10% tariff cut. / Flatly misleading. Trade illiterate.'
"The reality is that half of your trade goes to the EU. Britain’s trade with Australia is a very small percentage.”
Philip Hammond - Tariff free trade deals would only contribute a tiny amount to our GDP... so we must quash "this myth that third country trade deals will solve all our problems"
“I’ve always argued that the only way you can get frictionless trade is to actually be in the Single Market.”
Mark Carney debunks the counterfactual claim made by leading Brexiters, including Boris Johnson, that Art. 24 of GATT allows for continued free trade with the EU after a no deal exit.
After a question about Brexit, trade and the Irish border, Boris Johnson says there wouldn't be tariffs with the EU because the UK could rely on GATT 24 allowing tariff free trade. That's wrong - both sides need to agree a trade deal first.
A few clips from this morning's @CommonsEUexit.
Steve Analyst threads a selection of videos recalling Leave campaigners' claims we future trade with the EU after Brexit.