, 3 tweets, 1 min read Read on Twitter
Bottom line on why WTO terms are a non-starter...
In 2017, UK exported £613.4bn in goods and services to WTO members. Of that, just £101.2bn went to countries that don't have any form of preferential or non-MFN trade in any goods or services with the EU-28
Got that? 99.3% of our total exports of goods and services went to WTO members. But only 16.4% went to WTO members that didn't have better trade arrangements layered on top of WTO.

So yes, all our trade is with WTO members. But very little of it is on WTO terms.
Once that's really sunk in, properly, you'd better read this to learn the rest of the truth about WTO.
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