Beyond Andrea Jenkyns' sound bites ... reality bites back: "The only countries that do trade with the EU just solely on WTO rules are Cuba, Venezuela, Belarus, Kazakstan, Russia and North Korea."

The threat of a no-deal Brexit remains on the table, Boris Johnson has suggested, as he confirmed preparations for an exit to WTO terms will continue if he wins the election.

No-deal scenario would disrupt seamless flow of goods and services between Northern Ireland and Republic of Ireland.

I loathe the term ‘World Trade Deal’ more than words can express. It is everything I hate about trade politics. It combines a pithy soundbite politicians with an agenda can deliver with confidence, with a layer of deception reliant on the complexity of trade to pass unchallenged on Sunday talk shows.

Poll finds just 25 per cent of voters think PM will get a deal which is good for Britain.

Channel 4 economics correspondent describes the consequences of a No Deal exit.

PM tells industry leaders anxious about stalled negotiations "rien ne vas plus", which means "no more bets" in the casino game.

Prime minister on course to strike only 'barest of bare bone deals' by end of 2020, think tank concludes - and failing to be upfront about 'trade-offs'.

The UK government will ultimately back away from a no-deal Brexit because trading on World Trade Organisation rules with Europe would be simply too damaging for UK business after the Covid crisis, Peter Mandelson has predicted.

Phil Hogan notes the EU does not have a deal with Australia.

Tory leadership hopeful is wrong to suggest UK could have tariff-free trade with the EU following a no-deal Brexit, says international body’s chief.

Brussels rules out 'mutual recognition' of regulations between EU and UK ahead of talks.

Institute for Fiscal Studies says it is 'plausible' to expect a £50 billion boost to UK economy if Brexit is cancelled.

Theresa May has been accused of failing to be honest with the public about Brexit by the UK’s former ambassador to the European Union, who warned that “fantasies and delusions on all sides” risk plunging the UK into a democratic crisis.

Companies have stopped investing in favour of holding onto cash in case it's needed after the UK’s withdrawal from the EU.

Britain leaving the EU could hit least-developed countries hard, with Cambodia most affected, report finds.

Donald Tusk has warned a no-deal Brexit is‘more likely than ever.’ But if it happens it could be chaotic.

While businesses struggle with the red tape of no-deal planning, ministers are busy with commemorative coins.

The man who used to run the WTO says the EU single market, set up by Margaret Thatcher, is ‘the top league’.

As the Conservative Party in the UK enters the final phase of its leadership race, the contenders were encouraged by European leaders to be realistic about what they could expect to achieve on Brexit when they enter No. 10 Downing Street.

Despite downbeat warnings of divergent positions, the EU and UK will intensify efforts to make progress in talks in the week commencing July 20, 2020. Also, alarm bells sounded over potential WTO rule breaches in the UK & Finance Minister Paschal Donohoe takes the top Eurogroup job.

Brexit will hit trade in services between the Republic and UK irrespective of the outcome of current talks, according to all-island professional body Chartered Accountants Ireland.

Business chiefs and economists say huge disruption lies ahead if Downing Street triggers Article 16.

A new report sounds the death knell for Britain’s farms in the event of no deal. It’s not the vision our farmers were sold

What happens in the next three months, perhaps even the next couple of weeks, is going to shape the fate of the country for decades. If Brexit goes ahead, in any form, it will enact a profound misreading of the nature of the contemporary political and economic world and represent an unprecedented failure of British statecraft.

Without a deal, the country’s departure from the European Union will be a disaster.

A FORMER British diplomat said one government minister dismissed the risk of a no-deal Brexit on Irish firms as only affecting "a few farmers with turnips in the back of their trucks".

EU could impose punitive tariffs on key British exports such as beef if UK seeks to lower regulatory standards.

Dmitry Grozoubinski is our guest this week to talk about what the hell a "WTO terms deal" is(n't), and we weigh up the risks and chances of a disorderly Brexit. Plus easily the sexiest Lie of the Week ever.

Canadian PM suggests London lacks ‘bandwidth’ to get agreement finalised by end of year.

The sector issues a final plea for a no-deal Brexit to be avoided at all costs, saying the prospect is already hitting jobs.

Customs expert says extra costs and delays will harm small businesses and WTO rules would ‘kill UK farming’

Government announces which tariffs will change after UK leaves single market.

The Brexit debate deserves so much better than Economists for Free Trade’s latest offering. Their paper, championed by Jacob Rees-Mogg, tries to make the case for leaving the EU without a deal and trading under World Trade Organization rules.

Most of our trade (57% of exports and 66% of imports in 2016) is with countries we have EU trade agreements with, not under WTO rules.

The Tory leadership race has brought a no-deal Brexit closer. Most candidates have either elevated No Deal to a heightened form of Brexit - a "clean" Brexit - or have insisted it is preferable to an extension beyond the current Article 50 deadline of 31 October.

Ministers are now working on the assumption that no deal will be struck before the December 31 deadline, meaning Britain will then have to trade on WTO terms with the EU.

EU confidence that the UK would come out far worse is bad news for Tory leadership candidates planning brinkmanship. / EU officials are working on the basis that the UK’s economy will be hit up to 10 times as hard by a no-deal Brexit than the UK, the latest analysis by the European Commission shows.

Prime minister had claimed ‘Australia-style’ Brexit could be an option.

Prime minister told to stick to agreement, to ‘protect peace and stability on the island and integrity of the single market’

Britain leaving the EU with no deal would be "extremely bad" for both parties, the former head of the World Trade Organisation (WTO) has said.

Accountancy firm warns of stalled economic recovery without EU trade agreement.

Select committee says government needs contingency plans to protect consumers and businesses from impact from tariffs. / Food prices could rise sharply and farming businesses could be wiped out at the end of a Brexit transition period, a House of Commons committee has warned.

Flower and bulb growers say uncertainty around any Brexit deal is their "biggest issue" at the moment.

Food prices could rise between 5% and 10% if there is a disorderly Brexit, the Bank of England governor, Mark Carney, has warned.

"Our approach is going to be achingly pragmatic," the Cabinet Office minister said.

The UK government is reviewing plans to remove tariffs on a wide range of imports post-Brexit, following warnings that it would undermine the country's oil refining industry.

Why do so many people talk about a 'hard Brexit' and a 'soft Brexit'? And what do they mean?

The European Union has promised legal action after the British government unilaterally extended a grace period for checks on food imports to Northern Ireland, a move that Brussels said breached the terms of London’s EU divorce deal.

'It is hard to predict how full Brexit would play out, because this scale of multiple simultaneous renegotiations of global trade agreements is unprecedented – and no country has ever left the EU. It certainly can’t be assumed that Britain is bound to get quick and good deals because it is a large economy.'

WTO members are responsible for 98% of world trade, but it’s misleading to say all of this trade is done “through” the WTO.

The biggest crisis of Brexit to date actually still lies ahead of us in late 2020.

Unfortunately, both points raised by Jacob in this clip are incorrect. Firstly there isn’t a 10-year window under WTO rules that allow us to retain on our current trading arrangement with the EU.

Jason Hunter is a trade negotiator. He spends a long time trying to explain about WTO rules and Trade Deals to a person holding a WTO Rules sign outside Parliament.

The former prime minister accused hardline leave campaigners of ‘shouting down anyone with an opposing view’.

Arch Brexiteer Daniel Hannan tried to tweet about EU tariffs on wine, but ended up proving we probably do need experts after all.

Standup4Brexit has teamed up with Esther McVey MP to launch a video series explaining the WTO to the British Public and make No-Deal Brexit sound less scary. I spent years as a negotiator for Australia at the WTO, so I was keen to see what nuggets of wisdom were coming out of the StandUp4Brexit oven. I should have perhaps gone to McDonalds instead.

Taxes cut on birds’ eggs, raw hides, fur skins and ultra-strong spirits – but UK does not export them anyway.

Hostile immigration policies will do untold damage to the UK’s manufacturing industry. It is baffling that the government is willing to implement such a strategy, says Lord Bilimoria.

A former Australian prime minister has warned the UK to be "careful what you wish for" when it comes to EU trade.

"Forget the fiction... it's absolute nonsense. It needs to be called out."

Tory Brexiteer Mark Francois debate a former international trade negotiator on television and tried to put a positive on no-deal Brexit tariffs hitting the car industry by saying 'at least it would be our choice'.

This is a video of Michael Gove now telling farmers how no-deal Brexit would utterly, utterly shaft British farming - while New Zealand would get to send the EU a quota of meat tariff-free.

George Freeman tells HuffPost UK that trading on WTO terms would be "very damaging" in the long-run.

More than 200 MPs from across the Commons have signed a letter to the prime minister urging her to rule out a no-deal Brexit.

Despite assurances given in October that Japanese car manufacturer would continue with plans to invest in Sunderland plant after EU exit. / Nissan said it may “adjust” its business in the UK, depending on how Brexit turns out, potentially jeopardising 7,000 jobs at its Sunderland plant.

No Deal could put more than 50% of UK farms out of business - New report launches 'Farmers for a People's Vote'.

The political implications of a no deal outcome threaten to be every bit as significant as its economic fallout, Anand Menon and Jonathan Portes write.

“Senior No 10 sources” have been at it again. This time, telling the Sunday Times that the UK is prepared to walk away from the Brexit negotiations should the EU fail to display greater flexibility.

Supporters of Brexit are “completely wrong” if they think recourse to an obscure trade rule will stop tariffs springing up overnight if Britain leaves the European Union without a deal, EU Trade Commissioner Cecilia Malmstrom said on Friday.

Pascal Lamy likens customs union to second division and WTO terms to fourth division.

Dmitry Grozoubinski joins Adrian Chiles and his guests to talk through the implications of No-Deal Brexit.

Items to disappear from supermarket shelves and prices to increase if UK crashes out of EU, group including Lidl, the Co-op, Pret a Manger and KFC say.

Bleak impact including higher prices in shops is revealed in OBR report accompanying Rishi Sunak's spending review.

Pascal Lamy, who was director general of the WTO, between 2005 and 2013, said there was a stark choice for the UK between 'minor' and 'great' trade relations with the country’s largest trading partner.

The beleaguered U.K. economy — currently experiencing what could be its deepest recession in three centuries — may need to brace for another, longer-term shock after the pandemic.

(See in particular 9:20m in.)

The future of the UK's fuel refineries could be threatened by a no-deal Brexit, according to an internal local authority document seen by the BBC.

Denmark is the largest importer of pork to the UK but that position is under threat if no deal is struck.

The collapse of Liz Truss’s authority is the logical conclusion of the anti-EU cult that has wrecked Britain’s economy over the last six years. / When asked about Brexit, Carney managed to sound diplomatic while also lobbing a hand grenade. “Put it this way,” he said. “In 2016 the British economy was 90% the size of Germany’s. Now it is less than 70%.”

Company says move is a precaution in case WTO tariffs apply to EU-UK trade.

This could hamper the UK’s ambition to be a global leader in zero-emission vehicle development, production and employment.

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.

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

The UK Chancellor said the Treasury would not lend support to manufacturers that favour EU rules.

Scottish foods that are sold in Europe could be hit by a 50%-plus price hike following Brexit, it has been claimed.

A cheese processing firm employing 140 people has warned jobs could be at risk if Brexit trade talks end without a deal.

On @SkyNews yesterday: Single Market and Customs Union is what virtually every sector, organisation, university, NGO, hospital, trade union says they need.

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’.

The UK must ensure that it retains access to the Single Market, has an open trading regime and maintains a stable regulatory framework with the European Union to minimise the impact of Brexit on the North East economy. This is the key conclusion of ‘Leaving the European Union’, a report by a powerful regional economic group says today.

Small towns in the Midlands and North are among the areas likely to suffer most from the bare-bones trade deal Boris Johnson is seeking with Brussels, according to a respected economic thinktank.

The Department for International Trade has wrongly described the condiment as ‘soya sauce’ throughout

The Scottish government has called on Boris Johnson to extend the Brexit transition period by two years, as stalled trade talks restart.

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.

The Sun has finally fessed up to a series of careless calculations suggesting Brexit would see big price drops in UK shops. The tabloid deleted the offending article hours after posting it on February 27. ... Will Brexiters such as Jacob Rees-Mogg, who enthusiastically tweeted the original figures set the record straight also?

A fruit and vegetable buyer for a major supermarket told James O'Brien the reality of how food supplies and prices would be affected in a no-deal Brexit - and it's not good news.

Rooted in an imperial past, they can’t see the huge damage that trading on WTO terms would inflict on the UK economy.

Boris Johnson’s government is waging a war of words not against the EU but the British people.

Martin Wolf: Britain’s demands for its negotiations with the EU are unrealistic.

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.

UK's former ambassador to EU said any free trade deal with the bloc would have to be ‘the biggest ever’

It is only by claiming that trading 'on WTO terms' would be fine that Brexiters manage to be so relaxed about the UK leaving the EU without a deal, but the WTO does not ensure the removal of all barriers to trade.

A few days back, Tim Martin appeared on Question time. A 1-min clip of his performance has gone viral on Twitter. So error-packed was that one minute, that we should take the time to dissect it to bits...

But a “no deal” scenario for Brexit could mean the price of instant coffee that has been imported from the EU goes up in shops.

We must not force-feed a Brexit no one could have imagined at any cost, our children would never forgive us for such a crime.

Labour MP Siobhain McDonagh wasn't having any of it.

I'm a former trade negotiator at the WTO and other places for Australia. Explaining trade accessibly is my only party trick.

No-deal looms as deadline little more than a month away.

So far, in the first two months of Brexit, the following industries have indicated that they have been harmed: Aerospace; Airlines; Architecture; Art and Antiques; Beer; Bees; Cattle and horse breeding; Charities; Cheese; Chemicals; Cars; Classic Cars; Construction; Cosmetics and Perfume; e-Commerce; Fabrics; Fashion; Ferry services; Film and TV production; Financial Services; ...

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.

Wyn Evans’ family has owned a plot in western Wales for generations, a bucolic expanse where 370 sheep and 80 cows feast on the verdant grasses of undulating hillsides.

The UK is "sleepwalking into a disaster" over its border plans for the end of the Brexit transition period on 31 December, road hauliers have warned.

UK may face seven-year wait for frictionless trade under WTO rules if it crashes out of EU.

Even if there is no second wave of coronavirus to shut down factories once again, British car production in 2020 will only recover to about a half of last year’s figure, says industry body.

The number of cars built in the UK over the past six months has slumped to the lowest since 1954, according to the industry's trade body.

Trade body says delayed shipments of parts and WTO tariffs ‘would deliver a knockout blow to the sector’s competitiveness’.

Disagreements remain on fishing rights and so-called level playing field guarantees.

Britain will be on course for more distant economic ties with the European Union, making the country poorer, if Prime Minister Boris Johnson wins parliamentary backing for the Brexit deal he clinched with Brussels on Thursday.

'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.'

A Brexit briefing for non-specialists

Michel Barnier also accused Boris Johnson’s government of rowing back on commitments made in writing by Britain at the point before exit.

European commission chief picks out contradictions in UK approach to post-Brexit deal.

Jobs and industry 'in peril' if they face post-Brexit tariffs and delays, says top Tory.

If not, and the vote is to exit, it will be no good saying afterwards that “we didn’t understand what we were voting for” – the repeated complaint made by eurosceptics about the 1975 Referendum. By then it will be too late.

Politicians have been bickering about Brexit for the past two years, but everything that has happened so far is just figuring out how we leave the EU - we still have to sort out what kind of relationship we have once we have actually left.

Theresa May's Brexit deal has been defeated by MPs and the UK is creeping closer to leaving the EU without a deal. But how does a no-deal Brexit actually affect you?

Brexiteers have been advocating this route, believing it represents the purest Brexit and would be best for Britain. But what are the WTO terms and are Brexiteers right to promise a better future for the UK under these rules? How will WTO rules affect the UK in the event of a no-deal Brexit?

With negotiations between the UK and the European Union (EU) - over a trade agreement - going down to the wire, the possibility of there being no deal is being talked about.

Britain has been told to prepare for a no-deal Brexit when the transition period ends on 1 January 2021, after trade deal talks reached an impasse.

Mr Johnson told his cabinet this week that leaving the EU without a deal should hold “no fear” for Britain, but was he right?

The Q&A session taken from the Brexit, What leaving on WTO terms will mean, held in Trowbridge on the 26/9/2018 in front of an audience of 180.

So here's a story about how Jacob Rees-Mogg's nonsense can travel halfway around the world before the fact-checkers have got their boots on.

Even without the chaos of ‘no deal’, trading only on WTO terms post Brexit would mean substantial disruption to supply chains, with new tariffs, regulatory barriers and customs checks applying on day one of Brexit, explains Richard Barfield. Three sectors with the most jobs at risk are administration and support services, wholesale trade, and legal and accounting services.

For a geek like me who likes data, that seemed a like an interesting question: What is the biggest economy that does not have any Free Trade agreements other than membership in the WTO?

We may never know exactly what Conservative MP Chris Heaton-Harris intended to do with the information he tried to obtain on academics who teach about Brexit. But it certainly shouldn’t be treated as “just a polite request for information” as if this were some routine event.

The Stop Live Transport International Awareness Day is planned for tomorrow. KEITH TAYLOR MEP examines whether Brexit and the withdrawal from the European Union will make it more likely that live animal exports will be stopped...

One of the few times I've seen a Brexiter corrected on this issue. From 10 December. @AdamBoulton corrects Martin Howe QC from @lawyers4britain on his claim that most of our trade is done on WTO terms. He gets pissy. Note his final "yes it is, it's true!"

The world moved a step closer to a free-for-all in international trade as Robert Azevedo, World Trade Organisation (WTO) director general, announces he plans to quit with over a year to go on his four-year contract.

A NO-DEAL Brexit risks extra trouble for the UK during an oncoming recession that could be as deep as the Great Depression, the head of the World Trade Organisation (WTO) has said.

So what I want this video to be is a bit of an explosion of these myths about the WTO. I'm just gonna give you the facts about them and the facts of where we stand at the moment in terms of the WTO and what it means for Britain for the future ... / So first of all number one something I want to make really clear. Nobody trades on World Trade Organisation rules alone.

Graham Hughes from #3Blokes In A Pub explains, in no uncertain terms, why going to WTO "Rules" would be an absolute disaster for the United Kingdom.

Liz Truss under pressure to explain why punishing levies being charged - despite announcement that UK-Ghana deal was struck.

The aim of this briefing is to describe what happens under WTO rules if there is ‘no deal’.

Angry MPs say the move threatens jobs, the environment and the NHS in a cliff-edge crash-out on WTO terms.

Plus: the director general contradicts claims that “Gatt 24” would kick in to help. / “If there is no agreement, then Article XXIV would not apply, and the standard WTO terms would,” said Azevêdo.