Steve Analyst threads a selection of videos recalling Leave campaigners' claims we future trade with the EU after Brexit.
A few clips from this morning's @CommonsEUexit.
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.
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.
"Only way you can get frictionless trade is to actually be in the Single Market" - Liam Fox
01/07/2019
“I’ve always argued that the only way you can get frictionless trade is to actually be in the Single Market.”
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"
Former Australian PM Malcolm Turnbull says a trade deal with the UK is “not a substitute for the EU” [2 mins]
21/01/2020
"The reality is that half of your trade goes to the EU. Britain’s trade with Australia is a very small percentage.”
'I'm not opposed to tariff cuts, but this article ... Flatly misleading. Trade illiterate.'
07/02/2020
'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.'
'this Commission summary of what businesses need to prepare for under Tories' "Great Brexit Deal" acts as a very effective lie detector' - Prof. Dougan
28/07/2020
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.
What it takes to have frictionless trade - and why we won't have it with the EU even with a trade deal - Holger Hestermeyer
24/09/2020
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)
'chilling explanation of what Brexit will do to the UK economy after December' - Adam Posen [5 mins]
This is the most chilling explanation of what Brexit will do to the UK economy after December. By @AdamPosen, President of the Peterson Institute for International Economics.
James O'Brien's ... response to a caller whose business cannot sell to the EU anymore due to Brexit.
09/02/2020
'If Brexit was a second-hand car, you've got it home, there's no engine under the bonnet and they've just made Jacob Rees-Mogg chief mechanic.'
“You’re running a natural experiment in what happens when you run a trade war on yourself” - Adam Posen
27/04/2022
@AdamPosen is speaking with @lizzzburden about food prices and inflation at #EconafterBrexit
Adam Posen shows how Brexit has curtailed UK trade, FDI inflows, & immigration growth in a series of charts
27/04/2022
@AdamPosen shows how Brexit has curtailed UK trade, FDI inflows, & immigration growth in a series of charts presented at @UKandEU's The Economics of Brexit conference 2022. #PIIECharts
"The really big self-harm inflicted by the UK on itself was Brexit," which has made the current crisis much worse. - economist Peter Doyle
28/09/2022
Former Bank of England and IMF economist Peter Doyle on SkyNews: "The really big self-harm inflicted by the UK on itself was Brexit," which has made the current crisis much worse. For example: / - Trade frictions when we need to boost exports / - A weaker pound worsening inflation
I see its "this trade deal is going to be really amazing / bad" morning, and I need to summon all my centrist trade energies in the hope a few people might see through the hype both ways and realise that UK joining CPTPP doesn't make that much impact any which way.
'accession to the CPTPP highlights a major scrutiny deficit in the U.K. Parliament. Namely that Parliament is not asked to consent'
30/03/2023
'The second point, which has been widely ignored since Brexit, is that accession to the CPTPP highlights a major scrutiny deficit in the U.K. Parliament. Namely that Parliament is not asked to consent to this new agreement and has no veto.'