Parliamentary Scrutiny of Leaving the EU

I do not recall the Secretary of State saying that at all. He was saying that we could have a better relationship than simply relying on World Trade Organisation rules. I have good news, however. If we were to have to fall back on WTO rules, this country would be able to trade perfectly successfully with the rest of the EU and would be free to have much better trade deals with the rest of the world, which we have been impeded from having all the time we have been in the EU. Should there have to be tariffs, there would be many more tariffs collected on European imports into Britain, so we would have a lot of money to spend. We could give that money back to British people, so they would not actually be worse off as a result of the tariffs. Whereas, if we went the other way, the tariffs would be a great embarrassment to our European partners. I am very optimistic about our European partners. I think that they will want tariff-free trade. I do not see Germany or France queueing up to impose tariffs on us, so I hope that we will be able to get through this quite quickly and reassure them that we do not want to put tariffs on their trade either.