New research published today by the Initiative for Free Trade (IFT), a so-called research foundation of hardline Brexiters launched by Boris Johnson and Liam Fox, reveals the toxic reality and severe consequences of the trade deal Brexit hardliners want to strike with Donald Trump.
Their dangerous proposals spell disaster for Britain. Specifically, the IFT proposes:
- Unilaterally dropping tariffs to the United States – a grave threat to UK industries
- Opening the NHS to competition from the private sector, including American big pharma
- Excluding protections for workers’ rights and environmental standards from the deal
The ‘Initiative for Free Trade’ was formerly known as the ‘Institute for Free Trade’ until it changed its name as it was facing a possible fine for describing itself as an ‘institute’ without permission.
Commenting, Peter Kyle MP, leading supporter of the People’s Vote campaign, said:
“The Initiative for Free Trade, who helped put together this report, used to be known as the Institute for Free Trade, until it was pointed that they fulfilled none of the rigorous conditions required of an Institute. And it seems their work has not improved in quality since then.
“This motley crew of ideological fanatics want to unilaterally drop all tariffs to the United States – a grave threat to UK industries. They want to open the NHS to aggressive competition from the private sector, including American big pharma companies. And they want to exclude vital protections for workers’ rights and environmental standards from any US trade deal, meaning chlorine-washed chicken, hormone-injected beef and all kinds of other nasties could be imported into the UK.
“This is the real agenda of the Brexit elite, in black and white. They want to use Brexit as an excuse to slash and burn the protections and standards we value so highly, and to chop up and sell off our NHS to the highest bidder. That’s why we need a People’s Vote on the final Brexit deal, before it’s too late.”
Notes to editors
The full report can be read here: http://ifreetrade.org/publication/an_ideal_us_uk_fta
The story about the IFT changing its name can be read here: https://www.theguardian.com/politics/2017/dec/18/brexit-thinktank-scrambles-to-remove-institute-from-its-name