Blog: John Redwood savages ‘unacceptable EU trade standards’ for Brexit Britain ‘£100BN deficit’ – Daily Express

Tory MP John Redwood broke into an enraged rant in the House of Commons on Tuesday. While reflecting on the future of Brexit Britain, Mr Redwood insisted the UK needed to move away from its significant £100bn trade deficit with the EU. He said the UK needed to take this into consideration when attempting to recover from the negative impacts of coronavirus.

Mr Redwood also added the UK should be looking intrinsically to help build capital rather than looking overseas.

He said: “I think this is an opportunity to make this wider plea to ministers.

“As we recover from COVID-19 and the damage we remember that £100bn deficit we were running in 2019 with the EU before coronavirus disrupted world trade.

“That is unacceptable, that means too big an increase in claims by foreigners on our country year after year.

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“That is why we need those policies, to get that investment tripping away at the £20bn deficit in food with the EU.

“We need to be chipping away at the fishing deficit and the car deficit.

“This is so we are generating those jobs on British capital so we are starting to reverse that net liability position which now disfigures out account.

Earlier this week Brexiteer MP Andrew Bridgen also attacked the EU for their unwillingness to resolve the trade talks.

He insisted the UK was prepared to provide billions of Euros in revenue to the EU, but through a free trade agreement.

While on Sky News he said: ” COVID-19 is transitory, we will get over this and rebuild our economy.

“We are offering the EU tariff and quota-free trade as their biggest customer.

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“We buy €100billion of goods off them more than we sell to them so we are the customer.

“The fact that they won’t accept that as a super Canada deal, putting strings attached where they want us to agree all their regulation now, to me that shows complete insecurity of the European Union and lack of confidence of their own future.”

Despite the goodwill by both sides, the UK and EU have so far been unable to agree on a free trade agreement for post-Brexit.

This has sparked fears that a no deal Brexit is imminent as it becomes more difficult for both sides to complete the processes needed before the end of year deadline, in the event a trade deal was agreed. 

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