SAD! Tory Trade Boss REJECTS ‘Britain First’ Trade Policy, Attacks Trump 

BRITAIN’s trade minister attacked a key Donald Trump policy of ‘America First’ and said she would not approach post-Brexit trade deals with a ‘Britain First’ mindset, despite the US Economy recovering by a whopping 30% since partially coming out of a Lockdown. 

The Tories branded populist trade policies enacted by US President Donald Trump as “pernicious” as we begin to negotiate our own trade deals for the first time in 45 years – something Brexiteers see is the biggest economic benefit of leaving the world’s largest trading bloc.

New Data Highlights That Trump's “Greatest Economy Ever” Wasn't Actually So Great In 2018 | by Christopher Taylor | Medium

Trade minister Liz Truss said “For too long the world has turned a blind eye to ‘pernicious’ trading practices” 

She said populist trade policies had a “corrosive effect on the foundations of our rules-based free trade system, spreading disillusionment and distrust.”

“Britain is learning from the twin errors of values-free globalisation and protectionism, and we are instead rooting our approach for global free trade in our values of sovereignty, democracy, the rule of law and a fierce commitment to high standards,” she will say.

Could 'America First' Lead to War? - The Atlantic

Nevertheless, in a direct reference to Trump’s ‘America First’ policy, Truss said “we will not be pulling up the drawbridge in an autarkic Britain First approach.”

Truss’ comments come at a time when nearly a trillion dollars per year of trade with Britain’s closest neighbour is under threat, with the clocking ticking down to a Nov. 3 U.S. election that could mean Britain’s years-long courting of U.S. President Donald Trump is wasted.

Britain is urgently negotiating a trade deal with the EU to avoid widespread disruption when a transition period of de-facto EU membership ends on Dec. 31. It has also put a U.S. free trade agreement at the top of its post-Brexit wish list.

Additional reporting courtesy of Reuters 

The post SAD! Tory Trade Boss REJECTS ‘Britain First’ Trade Policy, Attacks Trump  appeared first on Politicalite UK.

Read more at Politicalite

We are ad-free!

support

Share this: