Apparently,
Theresa May and Donald Trump are “on the
same wavelength, I think on every respect”.
Or so said
Trump yesterday after their meeting, so it must be true, at least until he says
the opposite. I’m not sure that May will
be quite so comfortable with the idea, even if finding someone on the same
wavelength as her might be something of a novel experience. It’s certainly not one to which she is
accustomed closer to home – in the cabinet for example.
Having slapped
down the Foreign Secretary earlier this week, yesterday it was the turn of
the Chancellor to have his words disowned
by the boss for daring to express an opinion different from her own, even if
she has been unable to articulate what it is that she actually does
believe. I thought that the point which
Hammond made – which has provoked such a furious reaction from
the Brexiteers on his own side – was an entirely sensible one. The salient part for me was this:
“So instead of doing what we're
normally doing in the trade negotiations - taking two divergent economies with
low levels of trade and trying to bring them closer together to enhance that
trade - we are taking two completely interconnected and aligned economies with
high levels of trade between them, and selectively, moving them, hopefully very modestly, apart.”
The words which
seem most to have inflamed feelings on his own side are the ones which I have
highlighted, namely: ‘selectively’, and ‘hopefully
very modestly’. Without those words, I
can see nothing to which the Brexiteers could possible object. It would be a simple statement of fact. It does, though, state the fact in a way
which exposes one of the big lies at the heart of the Brexiteers’ claim that
the UK will be able to improve its trading position as a result of Brexit.
As Hammond
says, one of the keys to the most successful trading agreements is bringing
divergent economies together; but at the heart of the Brexit project is a
desire to move convergent economies apart.
It is true, of course, that being out of the EU will allow the UK to
negotiate its own agreements with non-EU countries, although such negotiations
will inevitably require a seeking of convergence with those countries instead;
that’s what agreements are about. And it
also overlooks the little fact that the EU is already seeking to expand its
range of trade agreements with non-EU countries in a way from which the UK
would also benefit if it were to remain a member of the EU, and using its
greater power and leverage to secure, probably, a better deal than the UK alone
is likely to achieve, involving more convergence. But pretending that introducing deliberate
divergence between the EU and the UK is a route to improving trading
relationships is flying in the face of experience and logic.
I can
understand why some might feel that it doesn’t matter if trade suffers a little
(or perhaps even a lot) as a result of Brexit; because the key thing is that
the UK will no longer have to share any of its sovereignty, and will have the
absolute right to set its own rules. It’s
an argument which values that separateness, that specialness, over and above
mere economic benefit. And whilst I
might take an opposite view, it’s also an honest argument, setting one ‘good’
against another. The problem is, though,
that it wasn’t what they told us at the time of the referendum, and it isn’t what
they’re saying now. They’re still trying
to tell us that having greater divergence will lead to more trade. The sort of honest assessment of reality put
forward by the Chancellor yesterday is just ‘fake news’ to them. Perhaps May is closer to Trump's wavelength than I thought.
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