(5 years, 8 months ago)
Commons ChamberAs I have already pointed out, it is advantageous for us to have an open, liberal comprehensive trading deal with the European Union, but it is also important that we open up trading opportunities elsewhere, which was why I found it utterly depressing that the Labour party voted yesterday against the EU’s free trade agreement with Singapore, which is a chance generally to open up trade. That is another example of how the Labour party has been captured by the anti-trade hard left to the detriment of the United Kingdom’s interests.
(5 years, 12 months ago)
Commons ChamberThe Under-Secretary of State for Business, Energy and Industrial Strategy, my hon. Friend the Member for Watford (Richard Harrington), will have heard what the hon. Gentleman said. Again, I make the point that we have set out a reasonable and proportionate response. There is no point escalating rhetoric; there is no point escalating the terms of this dispute. We should use the time available before the imposition of countermeasures to go back to the United States and say, “You still have time to think again, to stop history repeating itself or to stop economic effects that can only be detrimental in the United States and beyond.”
Following the tariffs on steel and aluminium, it is reported that the US Secretary of Commerce is now looking at the car industry, again on national security grounds. What analysis has the Department undertaken of what other sectors may fall victim to President Trump’s protectionist strategy?
(6 years, 2 months ago)
Commons ChamberAs I have said, through the work that we are doing multilaterally, there are currently 28 outstanding recommendations that we expect China to apply. The Prime Minister raised this matter on her recent visit to China, and we are continuing the conversation. We understand China’s need for the production of aluminium and steel for export and for its domestic use, but if we are going to have a rules-based system, the rules need to be obeyed. They also need to be transparent, and we need to have sufficient information to determine whether the WTO rules are still effective.
If faced with a trade war, what post-Brexit trade defence mechanisms would little Britain employ against the might of the US economy?
(6 years, 10 months ago)
Commons ChamberThe Secretary of State will be aware of reports by the BBC and the Danish newspaper Dagbladet Information in relation to the sale of surveillance and decryption technology to Saudi Arabia by British companies via their Danish subsidiaries. This technology has been used to crush internal dissent, and it arguably contravenes Criterion 5 restrictions due to the potential impact on UK security. Will the British Government review the legislation and oversight procedures governing sales of surveillance and decryption technology?