The Daily T Is globalisation the way to beat Trump’s tariffs? Jeremy Hunt on the case for a free trade Britain
Jul 4, 2025
Jeremy Hunt, former Chancellor and Foreign Secretary, teams up with Dan Hannan, founding president of the Institute for Free Trade, and David Henig, trade policy director, to dive into post-Brexit UK's free trade potential. They explore the impact of Trump's tariffs, celebrate globalization’s benefits, and critique protectionism. The trio discusses how innovative industries and infrastructure can empower local economies. They also address the socio-economic divides in the UK, advocating for a forward-thinking approach to trade and economic development.
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Post-Brexit Free Trade Opportunity
- The UK remains a powerful global player despite Brexit and should focus on free trade to maximize opportunities.
- Autonomy in trade policy post-Brexit offers a chance to boost prosperity if used wisely.
Misaligned UK Trade Focus
- The UK mistakenly tries to maintain a goods-focused economy instead of embracing its real strengths.
- Poor trade deals stem from desperation and failure to adapt to market realities.
Pandemic Impact on Trade
- The pandemic disrupted the UK's capacity to pursue trade deals, causing hesitation and confusion.
- Setting regulation for future industries can attract business and drive economic growth.
