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Seems like an error that UK government continues to ring-fence its trade policy re. the EU (DExEU and central govt) with its trade policy for the rest of the world (DiT). Wouldn't a more strategic approach be better? 1/
Put the passion and politics of Brexit to one side. If a country the size of the UK was considering its trading priorities on the basis of a clean slate, then a trade deal with an economy of 450m people on its doorstep should very, very clearly be the priority. 2/
Of course, looking at improving trade links with countries across the world – including NZ, Aus and US (as well as e.g. Japan, China) should be an aspiration. But the idea that we should prioritise those while being satisfied with trading with the EU on WTO terms is silly. 3/
And that would be the case even from a standing start. Which we’re not - we already enjoy completely free trade with the EU, and wrenching ourselves away from that would cause huge economic disruption. An orderly Brexit that avoids this must be our priority. 4/4
This very informative thread from @EmporersNewC on the opportunities for pork pie exports to the US - and how that compares with opportunities with the EU - neatly illustrates the issues around which trade relationships should be prioritised.
