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1. Either
a. The UK trades with all, including the EU, under WTO rules—that's a fact
Or
b. The UK has free trade agreements with the EU, Norway, Iceland, Switzerland, Japan, Canada, S Korea and dozens more
And
The US and China also have FTAs with neighbours and many others
a. The UK trades with all, including the EU, under WTO rules—that's a fact
Or
b. The UK has free trade agreements with the EU, Norway, Iceland, Switzerland, Japan, Canada, S Korea and dozens more
And
The US and China also have FTAs with neighbours and many others
2. Here are China's free trade agreements. Note how many are with China's neighbours in the Asia-Pacific region.
No one trades only on basic WTO terms, and trade agreements with neighbours matter.
fta.mofcom.gov.cn/english/index.…
No one trades only on basic WTO terms, and trade agreements with neighbours matter.
fta.mofcom.gov.cn/english/index.…
3. And here's the list of US free trade agreements. Note how many are with neighbours or near neighbours. The biggest is NAFTA/USCMA with Canada and Mexico
No one trades only on basic WTO terms. For the US trade with neighbours matters immensely.
/ends
ustr.gov/trade-agreemen…
No one trades only on basic WTO terms. For the US trade with neighbours matters immensely.
/ends
ustr.gov/trade-agreemen…
Or another way of putting it
