Fact checks around imports, exports and trade figures
Europe
A claim that a new analysis shows the UK will be £135 billion richer after Brexit is based on an old report from Economists for Free Trade. Most other economists think the UK will be worse off. Read
This viral post about a no deal Brexit exaggerates our EU payments and the “free trade” opportunities of no deal, but makes other correct claims. Read
Europe
Bank of England governor Mark Carney said Brexit is the first test of the new global order, not that it could usher in a golden age of trade. Read
Europe
There could in theory be a short “standstill” transition period after a no deal Brexit, but this isn’t the same as the two year “implementation period” set out in the withdrawal agreement Read
Europe
Trade between the EU and Kenya is governed by a trade agreement. That’s different to trading under WTO terms. Read
Europe
Most WTO members outside the EU have either a free trade agreement or preferential access to EU markets. Read
Europe
Campaigners weren’t explicit about what Brexit would mean for the customs union before the referendum. Read
Europe
The EU has schemes in place with the majority of African countries that mean that they can import almost all of their goods into the EU tariff-free. Read
Economy, Business & Finance
In August the UK government launched its new export strategy and made a number of claims about the UK’s recent export performance. Read
