Trade Remedy Measures: UK Interests Debate

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Department: Department for International Trade

Trade Remedy Measures: UK Interests

Philip Hollobone Excerpts
Monday 25th February 2019

(5 years, 2 months ago)

Commons Chamber
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Liam Fox Portrait Dr Fox
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Wherever we can bring down prices to make the disposable incomes of people throughout the United Kingdom go further, we will do so. That is a sound Conservative principle. We will also cut tariffs where we can do so without any potential disruption or disbenefit to UK business and industry, because tariffs are taxes. We are able to take those measures today because we will no longer have to apply remedies—that is, taxes—to the UK in areas where there is no UK production, but there is currently EU production. It is an act of economic liberation.

Philip Hollobone Portrait Mr Philip Hollobone (Kettering) (Con)
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The Trade Remedies Authority sounds like a good idea, but it is a quango. It used to be a “sound Conservative principle” that we would reduce the number of quangos. I think it was our policy at one time that for every new quango introduced, two would be abolished. Before the authority is formally, officially established, will the Secretary of State identify two quangos that will get the chop?