(6 years, 5 months ago)
Commons ChamberAs my hon. Friend knows from being a trade envoy to Nigeria, it will not just be those in developed countries who feel the effects if this has a slowdown impact on the global economy. If we have tariffs, countermeasures and then measures against the countermeasures, it is very easy to see how the situation could ramp up into a global trading disaster. We need to try, in the time ahead, to get the United States Government to change their mind—to listen to the voices coming from American business and the American Congress about the damage that may ultimately be caused inside the American domestic economy.
I would be really interested to know what arguments the Secretary of State thinks are going to work with the Americans. Last time there was a trade war like this, some 200,000 jobs were lost in the United States. What efforts is he already making to identify and analyse the impact on the US economy? It seems to me that that is the biggest argument we can use.
The right hon. Lady is absolutely correct that if we are to get a change in US Government policy, the most effective pressure will come from US business and the US Congress. I was very heartened to hear Chairman Brady of the Committee on Ways and Means making exactly these points yesterday—if American input prices rise, output prices will rise, and that is likely to hinder, not help, the problem with the American trade deficit. I hope that our colleagues in Congress will listen to the views being expressed clearly on both sides of the House and make those points accordingly.
(7 years, 8 months ago)
Commons ChamberThe Department for International Trade has available a network of international trade advisers throughout the English regions who can be contacted through local chambers of commerce and are specifically there to hand-hold individual companies that need help.
Is the Minister looking at the trade differences between the English regions? One of the reasons that lots of people in the English regions outside London voted to leave was that they did not feel they were getting the benefits of the European Union. What is he going to do to help those areas improve their trading links?
We certainly look at foreign direct investment into the regions through trading links. That is why we see inward investment in areas such as Sunderland, which has benefited from Nissan. The right hon. Lady’s point about trade is absolutely right. The UK needs to trade more with the rest of the world—just 11% of businesses that could conduct such trade are actually doing so. One of the prime concerns and objectives of the Department for International Trade is promoting trade to the whole of the UK to ensure that we up our offer to the rest of the world.
I am delighted to join my hon. Friend in congratulating his constituent, Katie Goodwill, on her fantastic achievement. Role models are so important—that is why more than 40% of our STEM ambassadors are women. They are helping to inspire the next generation, just as I am sure his constituent Katie will.
It is important to encourage women and girls into non-traditional careers, but will the hon. Lady ask the Ministers responsible for expanding apprenticeships why there are no targets for increasing the number of girls on apprenticeships in traditionally male areas? There has been a lost opportunity to challenge that.
I certainly will have conversations with my colleague in the Department for Education, but the right hon. Lady must remember that there are no such things as girls’ jobs and boys’ jobs, and we have to get that message across from the earliest stages of kids’ engagement with the education system. That is why we have chosen to focus on increasing the take-up of STEM subjects, which lead to the more technical apprenticeships and jobs.