Oral Answers to Questions Debate
Full Debate: Read Full DebateVince Cable
Main Page: Vince Cable (Liberal Democrat - Twickenham)Department Debates - View all Vince Cable's debates with the Foreign, Commonwealth & Development Office
(6 years, 4 months ago)
Commons ChamberMy hon. Friend is completely right. It is vital for the House to remember that, every day in America, 1 million people go to work in UK-owned firms, and every day in this country, 1 million people go to work in American-owned firms. There is no other commercial relationship like it. America attracts about a fifth of our exports already, and that proportion is growing.
Since the Government have chosen to appease rather than to confront the Trump Administration, what success has the Foreign Secretary had in persuading President Trump and his Administration to adopt the open, rules-based trading system on which the future of our country depends and that he is trying to destroy?
Obviously, we dispute the President’s tariffs, and we have made that point very bluntly. On the other hand, there is clearly a problem with the dumping of Chinese steel, and we need to work together on that. That is the point we have been making to the President at the G7, and we will continue to make it when he makes on his visit on 13 July.