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Cato Podcast

Will Free Trade Suffer after Brexit?

Cato Podcast

Cato Institute

Immigration, News, News Commentary, Peace, 424708, Markets, Government, Libertarian, Policy, Politics, Cato, Defense

4.5979 Ratings

🗓️ 10 February 2020

⏱️ 10 minutes

🧾️ Download transcript

Summary

The United Kingdom is out of the European Union, so how does that impact the freedom to trade? Simon Lester comments.

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Transcript

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0:00.0

This is the Cato Daily Podcast for Monday, February 10th, 2020.

0:08.0

I'm Keila Brown.

0:09.2

Now that Brexit is a done deal, the EU and UK will be negotiating trade deals separately, including one with each other.

0:17.3

How will that play out?

0:18.4

And is Boris Johnson, the free trader that we might hope?

0:21.8

Cato Simon Lester comments. Now that the United Kingdom is out of the

0:27.2

European Union I spoke with Ryan Bourne about this recently and one of the concerns that I had was well maybe with the UK

0:36.7

out of the European Union we might see a lot more illiberal policies come out of

0:42.2

the United Kingdom in the realm of trade, how likely

0:46.2

do you think that is?

0:47.2

Well I have the same concerns that you do and we'll see where things go on trade. Prime Minister Boris Johnson gave a long speech about this

0:56.9

just yesterday just on February 3rd I think and he said a lot of good things about trade.

1:03.2

He certainly was talking the talk about how you know free trade is good and the UK should be a role model

1:09.2

on the UK, you know we'll go back to its you know former stature status as a as a you know promoter of free trade

1:17.1

throughout the world so so that was all good to hear there are some some worrying

1:22.4

things going on when the UK renegotiates its trade relationship

1:27.6

with the EU. There's the potential here to keep a fairly good trading relationship but some of the rhetoric the

1:34.2

political posturing that's being done from Boris Johnson and others really worries

1:38.6

me and I would hate for the UK no matter how idealistic some of its leaders, you know, sound at times, I would

1:47.0

hate for them to end up in a place where they couldn't negotiate a new trade agreement with the

1:51.3

EU or couldn't negotiate one with the US and we just

1:54.3

end up with more tariffs.

...

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