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What we can't do is 'force' our trade partners to reduce their WTO tariffs on our exports to them unless we have an FTA with them. #BrexitFacts >@aev1609@threadreaderapp@johnehonwheeler@Jim_Cornelius@_HenryBolton >Could mean imports into the UK get cheaper, but we lose some exports, because though WTO tariffs have gone down a LOT since we joined the EEC/EU they are still higher than FTA tariffs (majority zero rated).
So we could get cheaper imports, but it probably costs us exports.>