#NewBrexitFacts - Trade


Original claim - “Exact same” trade benefits outside the single market.
David Davis in the House of Commons said in January 2017: “What we have come up with … is the idea of a comprehensive free trade agreement and a comprehensive customs agreement that will deliver the exact same benefits as we have.”

New fact - David Davis has backpedalled on his claim that a Brexit deal can deliver the “exact same benefits” as EU membership, now admitting it was little more than an ambition.

Original claim - Liam Fox claimed that EU trade deal would be ‘easiest in human history’.

New facts - Lack of competent trade negotiators in the Department for International Trade. Liam Fox has been ridiculed as ‘man of solitude’ over claims his department lacks seasoned trade negotiators.

New fact - Brexit will put trade deals with 70 countries at risk if guarantees are not obtained by the time the UK leaves the European Union

  • The Commons International Trade Committee has warned government that it needs "legally watertight" guarantees that trade deals it enjoys with non-EU countries through the EU will continue before we leave, or it will put trade deals with 70 countries at risk.

Original claim - US wants post-Brexit free trade with the UK ‘fast’, said Boris Johnson.
'They want to do it and they want to do it fast and that understanding was most vivid and most urgent on the part of the incoming administration'.

New facts - Trump rejects May’s post-Brexit agriculture deal with the EU

New facts - U.S. offers UK "inferior open skies deal" on Aviation after Brexit

New facts - Trump has made clear he intends to put "America First" in trade talks