MP, Shadow Secretary of
State for International Trade, responding to a
speech today from , said:
“This is the man who promised us the world – the easiest trade
deal in history. Today, he has finally admitted how untrue that
was, but he’s admitted failure without any hint of irony.
Apparently we must just accept that nobody actually thinks the
deal is a good one for the country.
“The deal he has been cowed into accepting fails to set out a
clear framework for our relationship with our largest trading
partner and risks locking us in a “Trade Purgatory” – a
limbo from which we cannot escape. President Trump this week said
a U.K. deal may no longer even be on the cards, and if we do ever
manage to negotiate new deals, the Bank of England has quantified
any benefit from those will be only 0.2 points of GDP growth.
“However, there is another deal available, one that could win a
majority in the House of Commons. Labour’s proposal would protect
business, the economy and jobs; solve the question of the Irish
border and give us a stronger voice in negotiating future trade
deals with the power of a 500 million strong consumer market.
needs to go back and
renegotiate the deal Labour has offered to work with her to
achieve — the deal that is genuinely in the country’s interest.”
