pete75 wrote:al_yrpal wrote:"Economically we’ve been pulling away from the European Union for some time.
In 1990, 60 per cent of our exports went to Europe. Now it’s closer to 40 per cent."
How does trading with Europe conflict with trade with Asia? It's not one or the other.
Exactly. That statistic basically shows that the growth rate in the rest of the world was higher. It doesn't lessen the importance of trading with the EU.
It doesn't show "pulling away from the European Union"... to show that it's necessary to look at trade with the EU.
Putting up barriers with what was effectively our home market is extraordinarily stupid at any time. But to do it as we enter a massive economic downturn because of the outbreak is barely believable. Demand will be lower and protectionist tendencies higher for some time. And it's a lot harder to build new trading arrangements than to maintain those that already exist.