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David Davis @DavidDavisMP
(1/2) Compare the EU’s performance to that of single countries. Look at Chile, which has 1/3 of our population — PolitiTweet.org
David Davis @DavidDavisMP
(2/2) And yet, the PM claims, “we sign better trade deals, and more quickly, in the EU.” This is simply not supported by the facts — PolitiTweet.org
David Davis @DavidDavisMP
(1/2) The EU’s track record on trade is dreadful: https://t.co/Sr2yi4ds5W — PolitiTweet.org
David Davis @DavidDavisMP
(3/3) Two, the ability to strike new trade deals with the rest of the world, not possible in a club of 28 members — PolitiTweet.org
David Davis @DavidDavisMP
(2/3) One, the ability to pursue lighter and better tailored regulation not possible under EU membership — PolitiTweet.org
David Davis @DavidDavisMP
(1/3) Outside of the EU, there are two major potential benefits for the UK — PolitiTweet.org
David Davis @DavidDavisMP
(3/3) The truth is existing trade deals with non-EU countries would stay in place until either side wanted to renegotiate — PolitiTweet.org
David Davis @DavidDavisMP
(2/3) There is no reason whatsoever to expect that most countries in the world would not actively want a free trade agreement with the UK — PolitiTweet.org
David Davis @DavidDavisMP
(1/3) Trade negotiations are exercises in mutual self-interest. They are not power plays, or coercions — PolitiTweet.org
David Davis @DavidDavisMP
(3/3) France would want to protect £3bn of food and wine exports. Italy, its £1bn fashion exports. Poland its £3bn manufacturing exports — PolitiTweet.org
David Davis @DavidDavisMP
(2/3) Similar deals would be reached with other key EU nations — PolitiTweet.org
David Davis @DavidDavisMP
(1/3) Post #Brexit a UK-German deal would include free access for their cars and industrial goods, in exchange for a deal on everything else — PolitiTweet.org
David Davis @DavidDavisMP
The first calling point of the UK's negotiator immediately after #Brexit will not be Brussels, it will be Berlin, to strike a deal — PolitiTweet.org
David Davis @DavidDavisMP
(2/2) The EU cannot afford the threat being levelled at Britain, so called “WTO terms”, as that would involve tariffs on their exports — PolitiTweet.org
David Davis @DavidDavisMP
(1/2) Germany’s economy is dependent on exports, particularly of manufacturers, and especially of cars — PolitiTweet.org
David Davis @DavidDavisMP
After #Brexit, the pressures on the countries making up the EU will be different. Free trade with Britain is in all their interests — PolitiTweet.org
David Davis @DavidDavisMP
In the last 5 years EU membership has not increased net employment in Britain. But we have created jobs for EU citizens - around 1 million — PolitiTweet.org
David Davis @DavidDavisMP
(3/3) The impact of EU membership has been deleterious to the poorest workers. Their job prospects and their wages have both been reduced — PolitiTweet.org
David Davis @DavidDavisMP
(2/3) There is significant evidence from the Bank of England among others that migration pressure has depressed the lowest wages — PolitiTweet.org
David Davis @DavidDavisMP
(1/3) Additionally 1 million of the 2.5 million jobs created in the UK economy were taken by EU migrants — PolitiTweet.org
David Davis @DavidDavisMP
(5/5) Job growth has come from either trade with rest of the world, or from internally driven growth https://t.co/QuVavn3PPa — PolitiTweet.org
David Davis @DavidDavisMP
(4/5) Trade with the EU since 2010 almost certainly generated no job growth — PolitiTweet.org
David Davis @DavidDavisMP
(3/5) Almost all the jobs created are in sectors that have grown in line with the UK’s internal market, and trade with non-EU countries — PolitiTweet.org
David Davis @DavidDavisMP
(2/5) In that same time exports to Europe have been static, whilst exports to the rest of the world have grown by £57bn, or 25% — PolitiTweet.org
David Davis @DavidDavisMP
(1/5) Since 2010 about 2.5 million jobs have been created in the UK — PolitiTweet.org
David Davis @DavidDavisMP
The share of our exports going to the EU has dropped from over 60% to about 42%; this is set to fall further in the future — PolitiTweet.org
David Davis @DavidDavisMP
(3/3) But now after 40 years in Europe we are no better off than when we started https://t.co/EvQ0Jm5Esq — PolitiTweet.org
David Davis @DavidDavisMP
(2/3) In 1973 we were a tottering industrial economy, and the EEC was a modern, go ahead, trade bloc — PolitiTweet.org
David Davis @DavidDavisMP
(1/3) When we joined the European Economic Community it was undoubtedly to our advantage — PolitiTweet.org
David Davis @DavidDavisMP
The Treasury forecast is not an economic forecast. It is a political forecast, with a political purpose — PolitiTweet.org
