United States Tariffs: Steel and Aluminium

Vince Cable Excerpts

Report stage: House of Commons
Monday 12th March 2018 Commons Chamber

[Dr Fox]

As I have said, we will work alongside the European Union because we have a duty of sincere co-operation for as long as we are members. I have often taken the view that it is strange that people should want us to obey the rules when we want them and not when we do not want them. We have a legal duty as EU members to fulfil this. We intend to do so, and we will work with our EU partners accordingly. As a country—this has been true under Governments of both colours—we have believed in free trade. We have been a global champion of free trade. Let us remember that free trade is the means by which we have taken 1 billion people out of abject poverty in a generation, and we as a country should be very proud that we have been in the lead in that.

[Sir Vince Cable (Twickenham) (LD)]

Can the Secretary of State give us some examples of how he has been able to use our close and special trading relationship with the United States to develop his vision of an open, liberal, multilateral trading system?

[Dr Fox]

As the right hon. Gentleman knows, we are unable to conduct an independent trade policy for as long as we are members of his beloved European Union. We have a trade working group with the United States. We are looking at short-term liberalisation. We are looking at the areas that we might look at in a future free trade agreement. We are looking at co-operation in the WTO when we leave. As he sits and looks, for some reason, very smug, he would do well to remember his comments from yesterday, which were as mean-spirited as they were wrong in substance.