Tory Minister Gets Challenged Over Her Brexit Fibs!

Maximilien Robespierre
28 Jan 202408:23

Summary

TLDRThe transcript covers a debate between an interviewer and UK politician Kemi Badenoch about the effectiveness of post-Brexit trade deals. Badenoch makes several misleading claims about UK manufacturing overtaking France and the economic benefits of joining CPTPP. The interviewer challenges her assertions with facts. They debate whether future US trade deals depend on presidential administration or Congressional approval, with the interviewer arguing the UK no longer holds the negotiating cards. Overall, it critiques Badenoch and Brexiteers for overstating trade deals' benefits and not admitting their failures.

Takeaways

  • 😡 Badock resorts to lies and evasion when questioned on lack of major trade deals post-Brexit
  • 😠 Badock falsely claims UK manufacturing has overtaken France
  • 🤥 Badock repeats debunked Brexit promises on trade deals and global power
  • 😒 Majority of UK trade deals signed so far just continuity deals, not new ones
  • 🙄 Badock credits Brexit for post-pandemic recovery, not valid comparison
  • 😟 CPTPP trade deal adds little economic benefit for UK
  • 😒 US-UK trade deal stalled under both Trump and Biden presidencies
  • 😠 Badock shifts blame for lack of US deal, despite 'taking back control'
  • 😒 Badock hopes Trump victory could revive trade talks, but Congress holds cards
  • 😟 Potential US deal risks lower standards for UK consumers

Q & A

  • What portfolio does Kemi Badenoch hold in Rishi Sunak's cabinet?

    -Kemi Badenoch is the Business Secretary in Rishi Sunak's cabinet.

  • What accusation does the narrator make about Boris Johnson's appointments?

    -The narrator accuses Boris Johnson of deliberately appointing incompetent people to positions of power if they pose no threat to him as leader.

  • What happened when Kemi Badenoch was asked about trade deals on Sky News?

    -When asked about trade deals, Kemi Badenoch resorted to lies and talking over the interviewer, before falling back on mentioning the CPTPP trade deal.

  • What was the original forecast for the GDP boost from the CPTPP deal?

    -The original forecast was that the CPTPP deal would boost UK GDP by 0.08%.

  • What was the CPTPP GDP boost forecast later downgraded to?

    -The GDP boost forecast was later downgraded to just 0.04%.

  • What inaccurate manufacturing claim did Kemi Badenoch make?

    -Kemi Badenoch falsely claimed that UK manufacturing has overtaken France, when more recent data shows France is slightly ahead.

  • Why does the narrator say comparing UK and EU growth rates is misleading?

    -The narrator says comparing post-pandemic growth rates is misleading because the UK started from a lower base after being hit hard by the pandemic.

  • What progress had been made on a US-UK trade deal under Trump?

    -Some negotiating progress had been made, but no final deal was signed before Trump left office.

  • Who does the narrator say really holds the cards in UK-US trade talks?

    -The narrator says the larger US economy holds more leverage, not the UK as some Brexiteers claim.

  • Why does the narrator think a UK-US trade deal may not benefit the UK?

    -He believes it could mean accepting lower standards like hormone-treated beef that would damage UK industries.

Outlines

00:00

😃 Paragraph 1 discusses claims by UK politician K. Badock about post-Brexit trade deals.

The first paragraph analyzes statements made by UK politician K. Badock on Sky News regarding post-Brexit trade deals. It points out that her claims about the benefits of deals like CPTPP have been exaggerated according to independent analysis. She is accused of resorting to lies and talking over the host when challenged. The paragraph highlights the lack of major new trade deals secured so far compared to what was promised by Brexit supporters.

05:01

😕 Paragraph 2 highlights more false claims made by K. Badock about UK manufacturing and growth.

The second paragraph focuses on additional falsehoods stated by K. Badock during the Sky News interview. It points out misleading statistics shared about UK manufacturing outpacing France, when recent data shows the opposite. It also counters her point about UK economic growth exceeding the EU by noting the UK was starting from a lower base after the pandemic. The paragraph emphasizes the pattern of lies and lack of truth from K. Badock.

Mindmap

Keywords

💡brexit

Brexit refers to the United Kingdom's withdrawal from the European Union. It is a key theme in the video, as the speaker discusses the impact of Brexit on the UK's ability to secure trade deals. They argue that Brexit has not delivered the promised benefits in terms of new global trade deals for the UK.

💡trade deals

Trade deals are agreements between countries to trade goods and services with preferential terms. Securing independent trade deals was a major motivation for Brexit. However, the speaker argues that the UK has largely only managed to replicate existing EU deals rather than secure ambitious new global deals.

💡manufacturing

Manufacturing refers to the production and fabrication of goods. The speaker accuses a Brexit supporter of falsely claiming that UK manufacturing has overtaken France's, when recent data shows France is slightly ahead. This highlights how Brexit supporters sometimes distort statistics.

💡economy

The economy refers to the system of production, distribution and consumption of goods and services in a country. The speaker disputes Brexit claims that the UK economy is strongly outperforming comparable economies like France and Germany.

💡services

Services refers to the portion of the economy that provides intangible value like banking, tourism, etc. The speaker notes that as the UK economy is 80% services, trade deals need to focus on services rather than just goods.

💡United States

The United States is highlighted as a key potential trade deal partner for a post-Brexit UK. However, the speaker notes that deals with the US have failed to materialize under both Trump and Biden.

💡Congress

Congress is the legislative branch of the US government with powers over trade policy. The speaker notes that Congress, not the president, holds the cards in negotiating any potential US-UK deal.

💡smoke and mirrors

This refers to deceptive claims or strategies. The speaker accuses Brexit supporters of using smoke and mirrors tactics to exaggerate the benefits of Brexit trade deals.

💡cards

Holding the cards refers to having negotiating leverage or advantage. The speaker disputes Brexit claims that the UK holds all the cards in securing new trade deals.

💡standards

Standards refer to regulations that ensure quality, safety etc. The speaker worries a US trade deal could force the UK to lower its standards for products like food.

Highlights

The business secretary blamed Brexit failures on imaginary people.

The business secretary lied about UK manufacturing overtaking France.

The business secretary dodged questions about lack of major new trade deals.

The UK economy is mostly services, not manufacturing.

Growth forecasts show CPTPP adds little GDP benefit for UK.

UK manufacturing has since fallen below France again.

UK growth only looks good compared to pandemic low point.

Trump didn't deliver a US-UK trade deal despite promises.

Larger economies hold more cards in trade deals.

Congress, not president, negotiates and approves US trade deals.

UK-US trade deal risks lower standards like hormone beef.

Trump was president 4 years without a US-UK trade deal.

Brexiteers view any trade deal as a benefit, ignoring costs.

Congress key to any US-UK trade deal, not the president.

Brexiteers falsely claim US trade deal depends on president.

Transcripts

play00:01

hi guys the business secretary isn't the

play00:03

sharpest politician in Rishi Sonic's

play00:05

cabinet but then I still believe that

play00:06

people like him Boris Johnson and Li

play00:09

trust deliberately put people in

play00:10

positions of power that were incompetent

play00:13

but provided no real threat to the

play00:15

leader badok the brexiteer was asked

play00:18

when she appeared on Sky News about

play00:19

trade deals and the benefit of them she

play00:22

resorted to lies and talking over the

play00:25

host then she fell back onto the Old

play00:27

Reliable

play00:28

cptpp which was recently downgraded by

play00:31

an independent body to adding just

play00:34

0.04% to UK GDP it didn't go well you

play00:38

know we were promised uh the best part

play00:40

of eight years ago that brexit would

play00:43

allow us to become a global power

play00:46

particularly a global trading power

play00:49

we've signed I think 70 deals now but

play00:51

they're pretty much all what they call

play00:53

rollover deals uh essentially what we

play00:56

had before uh when we were in the EU but

play00:59

they're very few New Deals and some of

play01:01

the ones that we have signed with small

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Partners like New Zealand responsible

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for I think 2/10 of 1% of our trade um

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we're not doing very well in signing all

play01:14

the new trade deals are we we are doing

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very well and that is not this that is

play01:19

not quite this the story of what is

play01:21

going on yes we immediately signed uh

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about 73 uh trade deals on leaving

play01:27

people said that we wouldn't get any of

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those done and that what people we keep

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hearing this argument from brexiteers

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and her in particular people said that

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we wouldn't be able to sign any trade

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deals what people do these people have

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any names because I remember at the time

play01:42

saying yeah you can sign a trade deal if

play01:45

the other country is willing to do it or

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if you're willing to give away

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everything as we saw when it came to

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Australia and New Zealand if you give

play01:52

away everything of course the cont yeah

play01:54

sure we'll sign a trade deal with you

play01:56

but uh if you want a good trade deal

play02:00

then you need to invest time and effort

play02:02

if you just want a piece of paper to

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deliver to to Parliament to hold up and

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say look we have a trade deal well then

play02:08

yeah and you give away everything then

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you can achieve that pretty quickly that

play02:12

we were going to go backwards so we

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succeeded in that but we

play02:16

have I need to finish I need to finish

play02:18

the I need to finish the the the answer

play02:21

yes those some of those would have been

play02:22

the same before but even then people

play02:23

said that we couldn't do them but there

play02:25

are some new ones like uh the

play02:27

comprehensive and Progressive

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transpacific partnership cptpp is huge

play02:32

the

play02:33

Indo you do most of your trade with your

play02:36

neighbors we already know according to

play02:39

Independent bodies that the increase in

play02:42

GDP as a direct result of cptpp was

play02:45

downgraded from

play02:47

0.08% to

play02:52

0.04% this is not some sort of

play02:54

alternative to EU membership this is not

play02:57

an alternative to being in the single

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Market it adds very little now of course

play03:01

and this is a forecast this is not

play03:03

what's happening now this is a forecast

play03:04

for the future what she tries to sell

play03:07

another brexiteers try to sell is yes

play03:08

but we're talking about the future

play03:10

because the Asian economy is

play03:12

growing but this forecast I believe

play03:15

takes into account the growing

play03:17

economy and it's still nothing even if

play03:20

the the Asian economy grew by double

play03:23

we're still talking about

play03:25

0.08% of GDP add added to the UK economy

play03:29

which is nothing

play03:30

Pacific is where Global growth is going

play03:32

to be coming from European growth is

play03:34

shrinking and we are strengthening our

play03:35

links with those countries on the other

play03:37

side uh on the other side of the world

play03:40

and our economy is 70 to 80% Services we

play03:43

are not a Goods based economy and that

play03:46

means that the deals which we sign need

play03:48

to reflect the nature of the UK economy

play03:50

we have overtaken France in

play03:52

manufacturing our okay then here is

play03:55

where we have the first lie well maybe

play03:57

maybe it's not the first lie no isn't it

play03:59

interesting that she said look let's not

play04:01

focus on Goods let's focus on Services

play04:04

because we sell most of our most of our

play04:06

Trad is in services and then suddenly

play04:09

she jumped to well we we're you our

play04:12

manufacturing is bigger than France well

play04:15

this is not true this is according to

play04:17

full fact K bok's comments on UK

play04:20

manufacturing success use data from 2021

play04:23

just after the UK left the single market

play04:27

and it says the figures while published

play04:30

in September this year 2023 this was

play04:32

actually refer to 2021 more recent

play04:35

alternative data suggest that

play04:37

Manufacturing in the UK has since Fallen

play04:39

just slightly below that of France now

play04:41

do you think K badok is going to correct

play04:43

the record do you think she's going to

play04:45

apologize for misleading the public what

play04:48

do you think economy is growing faster

play04:51

than Germany and France and other EU

play04:54

countries when this is also another sort

play04:57

of slight of hand smoke and

play05:00

mirrors well our economy is growing

play05:02

faster than France Germany and Italy yes

play05:05

but if you're comparing

play05:07

to growth after the pandemic when the UK

play05:10

was in the worst position of course any

play05:13

sort of growth is going to be faster

play05:15

than the other other economies if you

play05:17

start at the lowest point then of course

play05:20

any growth is going to be faster so it

play05:22

is important for people to know what the

play05:24

facts are rather than the

play05:27

facts you're lying to people and you're

play05:30

claiming that the lies are facts focus

play05:33

on a particular day in a particular

play05:35

trade negotiation all right um the

play05:38

biggest deal that we would want is with

play05:40

the United States Mr Biden says there

play05:42

won't be a trade deal anytime soon uh Mr

play05:45

Trump when he was in office of course

play05:47

talked about uh a deal four or five

play05:50

times bigger than what we had at the

play05:53

time are you looking forward to a trump

play05:55

Victory uh it it is a shame that the US

play05:59

current ly is not signing any free trade

play06:01

agreements with any country so who's

play06:04

holding the cards here this was the

play06:06

brexiteer Mantra we will hold all the

play06:09

cards so when Donald Trump the darling

play06:13

of the conservative party you know in in

play06:15

the US the darling of the right when he

play06:17

was in charge there wasn't a there

play06:20

wasn't a US UK trade

play06:22

deal now Joe Biden is in charge there

play06:25

isn't a UK a US UK trade deal whatever

play06:27

way you want to put it so who holds the

play06:30

cards you hold the person like the

play06:33

person who wants the trade deal doesn't

play06:35

always hold the cards the bigger

play06:38

economy is probably the one who holds

play06:41

the car so if the US says yeah we'd like

play06:42

to have a trade deal with the UK then

play06:44

there will be a trade deal not the other

play06:46

way around I I really don't understand

play06:48

why brexit heers don't understand this

play06:51

we had gone uh quite a long way in terms

play06:53

of negotiating a US UK uh Free Trade

play06:56

Agreement as I was made to understand so

play06:58

we hope that whoever it is who wins the

play07:01

uh us election I have no idea who that

play07:03

will be will be somebody who will look

play07:04

again at the work that have been done

play07:06

and hopefully we pick up where we left

play07:09

off it's not dependent on the president

play07:12

we've seen that

play07:13

already it depends on Congress Congress

play07:16

will do the negotiation and Congress

play07:18

will sign off on a trade deal then it

play07:20

will be passed to the president and the

play07:22

president will sign off on that see this

play07:25

is another thing that brexiteers are

play07:27

trying to sell if Donald Trump gets into

play07:29

Power then we can have a trade deal but

play07:31

Donald Trump was in power for 4 years

play07:34

and there wasn't a trade deal there was

play07:37

negotiation but there wasn't a trade

play07:39

deal signed off now I don't understand

play07:43

why brexiteers also don't understand why

play07:46

a trade deal with the US would not be

play07:48

all not in the interest of the

play07:51

UK because what are you going to see the

play07:55

importation of hormone treated

play07:58

beef lower standards these are the

play08:01

things of course brexiteers think that

play08:04

well as long as we have a trade deal

play08:05

with the us we can hold it up and say

play08:07

this is a brexit benefit but it's not a

play08:09

brexit benefit it's not a benefit if

play08:12

it's trashing your economy it's trashing

play08:14

your farming sector as we've seen before

play08:17

let me know in the comment section guys

play08:19

what do you think as always your

play08:20

comments are greatly appreciated thanks

play08:22

a lot

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