All 1 Chris Bryant contributions to the Financial Guidance and Claims Act 2018

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Mon 12th Mar 2018

United States Tariffs: Steel and Aluminium Debate

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Department: Department for International Trade

United States Tariffs: Steel and Aluminium

Chris Bryant Excerpts
Report stage: House of Commons
Monday 12th March 2018

(6 years, 1 month ago)

Commons Chamber
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Liam Fox Portrait Dr Fox
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It is quite difficult to know in advance where there might be diversion. Again I make the point that our aim is not to deal with the consequences but to prevent the imposition of the proposed tariffs in the first place.

Chris Bryant Portrait Chris Bryant (Rhondda) (Lab)
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The Secretary of State jokes that it is not clear that anyone knew about the President’s announcement before he made it, but it is worse than that. Sometimes, it looks as though the President himself does not know what he is about to announce, even when he has started to announce it. All too often, it involves a tweet in search of a policy. Are not the really disturbing matters not only the growth of protectionism in America but the false promise that it offers to some of the poorest people in the United States, who in the end will not benefit one jot from it?

Liam Fox Portrait Dr Fox
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The hon. Gentleman makes an even better point than he thinks he has—[Interruption.] Or, in his case, possibly not. In recent years, we have seen a worrying trend among G20 countries to impose protectionist measures. In 2010, we saw about 300 non-tariff barriers to trade being operated by the G20. By 2015, that figure had risen to around 1,200, so there has been a gradual move away from the concept of global free trade and a temptation for countries to impose non-tariff barriers. In addition to making the economic case, we should remember that those countries that have benefited from free trade should not be pulling up the drawbridge behind them and denying those benefits to developing countries.