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@JamesDelingpole Two issues with your piece.
N°1: you assert, "Britain traded perfectly well for the large chunk of history it has spent outside the EU." This is a spurious argument. The EU didn't exist then. We are going from the best possible trade terms with the EU (SM+CU) to worst (#WTO).
/1.
@JamesDelingpole This will not just impact our trade with EU27 + EEA/EFTA4, but also with those countries with trade with via EU FTAs and those countries we trade with on WTO+++ terms, the '+++' furnished by the EU's 759 facilities that improve on #WTO terms.
/2.
@JamesDelingpole Only 16% of UK's trade is on WTO terms alone.

You're proposing that we dramatically downgrade 100% of our trade to WTO terms alone, at the stroke of a pen. This is insanity. It has taken decades to reach to position we're in today. No wonder Mogg says 50yrs to recover!
/3.
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