Part of the debate – in the Senedd at 3:54 pm on 26 June 2018.
Well, it's hard to stifle a yawn at the latest example of fake news from project fear: the latest in an interminable line of such prognostications over the last three years. This is a political statement, more than anything else, in the propaganda war by the remainer establishment that—as the Cabinet Secretary just let the cat out of the bag in his final words—refuses to accept the referendum result of two years ago, where 17.5 million people voted to leave the EU.
He knows as well as I do that most aircraft components would be tariff-free under WTO rules, and even in the few cases where they would be subject to tariffs, those tariffs would be very, very low—certainly less than 5 per cent. But of course we all want a free trade deal with the EU—it makes common sense on both sides—but the obstacle to this deal isn't Theresa May; it's Michel Barnier and the EU Commission, because they put the political interests of the unelected European federalist establishment ahead of the economic well-being of the people of Europe. A free trade deal is clearly in the interests of EU citizens, because last year they sold to us £192 billion more in goods than we sold to them. So, if they had to face reciprocal tariffs to compensate for the ones that would be imposed upon us as a result of a Brexit 'no deal', then there would be massive convulsions in the EU as well.