Trade Bill - Second Reading

Part of the debate – in the House of Lords at 9:29 pm on 11th September 2018.

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Photo of Baroness Fairhead Baroness Fairhead The Minister of State, Department for International Trade 9:29 pm, 11th September 2018

If there is no deal, that would be correct. Clearly there are other options for what to do with tariffs, but that is a correct statement in the limited definition that the noble Lord gave.

Of course, I am happy to meet with any of your Lordships to discuss these matters further and I look forward to the opportunity for more detailed discussions in Committee. A cliff edge in our trading arrangement is in no one’s interest—that is something on which I think we can all agree. The Trade Bill takes a sensible, responsible, reasonable step to prevent this. It places continuity at the heart of our approach, to the benefit of customers, consumers, business and individuals across the UK. I beg to move.

Bill read a second time and committed to a Committee of the Whole House.

House adjourned at 9.56 pm.