Oral Answers to Questions

David Linden Excerpts
Thursday 11th July 2019

(4 years, 8 months ago)

Commons Chamber
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George Hollingbery Portrait The Minister for Trade Policy (George Hollingbery)
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My right hon. Friend is absolutely right. There are some huge opportunities in market access. Indeed, we have identified one potential change in China that, if negotiated, might be worth £10 billion of turnover over a considerable period through one regulation alone. Resources at the Department at the moment are necessarily skewed towards FTAs, because of the trade agreement continuity process, but they will in due course shift towards market access, which is terribly important.

David Linden Portrait David Linden (Glasgow East) (SNP)
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T3. Can the Secretary of State explain what his Department is doing to encourage the EU and US to resolve the Airbus and Boeing subsidies dispute without resorting to tariff retaliation in unrelated sectors, including UK agri-food products?

Liam Fox Portrait Dr Fox
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I had a number of discussions in the United States about that issue this week, as the hon. Gentleman may have guessed. It is likely that tariffs will be applied following the WTO determination of the level of tariffs that the US is allowed by law to set following the judgment on Airbus. Of course, the judgment on Boeing, to which he alluded, is also coming. At some point, we must ensure that both European countries and the United States are able to give appropriate support to their aircraft industries, because the alternative will be market access for China, which will be in the interests of neither.