(6 years, 9 months ago)
Commons ChamberI represent strongly the views of the business community because they are absolutely vital for our continuing prosperity as a country. The whole of the business community wants to get the best possible deal for the UK, and the vast majority of Members were elected on a platform and a manifesto of obtaining that. I will be tireless in pressing the case for it.
(6 years, 10 months ago)
Commons ChamberI agree with my right hon. Friend. As she will remember, we do have a very rigorous system for scrutinising state aid, which is why we are totally confident that the system of launch aid that we have applied is compliant with all the international rules. The allegation does not have merit, and I expect to see it thrown out.
I thank the Secretary of State for advance sight of the statement.
The Scottish National party regrets the preliminary ruling by the US Department of Commerce that could put these highly skilled jobs at risk in Northern Ireland, and we sincerely hope that the UK Government are doing all that they possibly can to engage with Bombardier and the trade unions to ensure that the future of all employees is as secure as possible.
These rulings clearly show that no one will be spared Trump’s protectionist agenda of “America first”, with jobs in the UK and Canada—some of the US’s closest allies—being put at risk as a result of the punitive tariffs being imposed on Bombardier.
I am afraid that the Tory Government have been cosying up to Trump with the false illusion—or delusion—that this will help them sign a trade deal with the US after Brexit, without realising that Trump’s Administration will not give in to any demands that may give a competitive edge to the UK over the US.
Leaving the EU means that we will lose leverage in trade negotiations as we will no longer be part of the world’s largest single market of some 500 million people, and we will lose the expertise that the EU has built up over the past 40 years negotiating on our behalf.
Does the Secretary of State not agree that the best way to promote trade and to create jobs across the UK is by maintaining our membership of the single market and the customs union?