Trade

Fact checks around imports, exports and trade figures

2 August 2021

The government’s numbers on savings for wine drinkers don’t add up

The government estimated its new imports policy will save wine drinkers £130 million. An industry body puts the figure at around £30 million.

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The government’s numbers on savings for wine drinkers don’t add up
20 July 2021

The EU doesn’t have a 40% tariff on African food imports

This was claimed by MP George Freeman when outlining the UK’s commitment to developing nations.

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The EU doesn’t have a 40% tariff on African food imports
18 June 2021

April’s trade figures fact checked

Covid-19 and Brexit mean trade volumes are incredibly volatile at the moment. We take a look at some of the claims about the latest data.

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April’s trade figures fact checked
23 March 2021

Covid-19 vaccine exports and the UK

Companies in these countries have fulfilled contracts to export the vaccines to countries like the UK.

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Covid-19 vaccine exports and the UK
4 June 2020

Claim that extending the Brexit transition period could cost £380 billion is not credible

Most studies show the UK economy gains more from retaining free trade with the EU than it could achieve by leaving the EU.

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Claim that extending the Brexit transition period could cost £380 billion is not credible
26 May 2020

Claim that 7.7% of UK goods exports go to the EU is a big underestimate

The Express has misquoted figures on the UK goods trade with the EU.

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Claim that 7.7% of UK goods exports go to the EU is a big underestimate
13 March 2020

The government’s “£1.8 billion pay rise” from a US trade deal doesn’t outweigh the impacts of Brexit on wages

Analysis from the government estimates real wages after 15 years to be 6.4% less than had we stayed in the EU, but a US deal could counterbalance wages by 0.2%.

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The government’s “£1.8 billion pay rise” from a US trade deal doesn’t outweigh the impacts of Brexit on wages
27 November 2019

What do the trade documents Jeremy Corbyn showed actually say about drug prices?

The documents show that, as expected, drug patents are a US negotiating objective in trade talks. But they don't show us what, if anything, the UK has actually agreed.

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What do the trade documents Jeremy Corbyn showed actually say about drug prices?
20 November 2019

Most African countries can export goods to the EU tariff free

Nigel Farage talked about the EU putting up trade barriers on African countries. The majority of African countries have no tariffs on exports to the EU, although a handful do …

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Most African countries can export goods to the EU tariff free
21 October 2019

Southampton MP gets trade figures wrong

Royston Smith claimed 90% of trade through the Port of Southampton is with non-EU countries and so under WTO terms. They’re not the same thing.

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Southampton MP gets trade figures wrong

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