Profile picture
Alex Andreou @sturdyAlex
, 5 tweets, 2 min read Read on Twitter
Liam Fox on #Marr claims the EU couldn't penalise the UK with tariffs under WTO rules and simultaneously that the UK could cut tariffs for developing nations. Profoundly worrying that the International Trade Secretary seems to understand so little about international trade rules.
Firstly, tariffs are a cost, but not an absolute barrier. The Kingom of Exceptionalistan cannot just make toasters, which may or may not explode on plugging in, export them ito the EU and just pay the tariff. The EU could *absolutely* penalise the UK with non-tariff barriers.
Secondly, in the absence of trade agreements, if a country is operating purely under WTO rules, the *one thing* it cannot do is cut import tariffs selectively for some WTO members and not for others. The idea that Kindom of Exceptionalistan would be allowed to do both is fiction.
Don’t take this “Remoaner’s” word for it. Read the assessment of the Leave Alliance.
It would be so very useful if @AndrewMarr9 could educate himself on the above really basic points so that @LiamFox doesn’t go completely unchallenged with this nonsense in interview after interview.
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Alex Andreou
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member and get exclusive features!

Premium member ($3.00/month or $30.00/year)

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!