Doughty – Rees-Mogg’s proposal would “wreak havoc and cost jobs”

Jacob Rees-Mogg, chair of the highly-influential Conservative European Research Group, has called claims that post-Brexit trade deals could deliver significant economic benefits a “red herring” and has instead called for the unilateral elimination of all tariffs on imports as well as non-tariff barriers, which could include food-safety and product-safety regulations.

Commenting, Stephen Doughty MP, leading supporter of Open Britain, said:

"Jacob Rees-Mogg's proposal that we should unilaterally eliminate all tariffs would not just leave Liam Fox looking as useful as a fax machine in the age of email, it would be a pledge to destroy almost all manufacturing and farming jobs in Britain.

"In fact, when this daft idea was floated in 2016 its own author, ideological Brexiter Professor Patrick Minford, predicted it would ‘mostly eliminate manufacturing’.

"This would be a reckless iron-hard Brexit that would wreak havoc on our economy, cost people their jobs and leave our economy desperately dependent on financial services.” 

/ends

Notes to editors

Jacob Rees-Mogg was speaking on the BBC’s Daily Politics. His comments are reported here: https://www.politicshome.com/news/uk/foreign-affairs/brexit/news/92281/trade-deals-are-distraction-real-benefits-brexit-jacob