Thursday, August 15, 2019

Britain's New Tory Government Prepares Sellout of UK to US Monopolists?

Liz Truss addressed an extreme free-market think tank in Washington DC last Friday. which saw campaign group Global Justice Now accusing Boris Johnson’s government of pushing ahead with an extreme US trade deal without a mandate from the public or parliament.

Last week both Foreign Secretary Dominic Raab and Trade Secretary Liz Truss were in Washington DC to talk trade with US officials. Both ministers are well-known opponents of the sort of regulations and protections that would be threatened by a US trade deal. Liz Truss spoke at a meeting of the extreme free-market Heritage Foundation and has previously held meetings with several free-market think tanks to discuss US-style deregulation.

Last year, the Heritage Foundation co-developed a ‘model-free trade deal’ which would if implemented, completely restructure the British economy. Proposals include:
Zero restrictions on cross-border data flow, threatening to hand huge powers to the likes of Amazon, Google and Facebook.

Zero restrictions on foreign direct investment in the economy making it harder for post-Brexit Britain to control or tax the activities of big business.

Strict prohibitions against the use of ‘nontariff barriers’, which would set off a ‘race to the bottom’ in standards and consumer protections, preventing post-Brexit Britain from being able to stop the import of industrially farmed food like chlorine chicken.

Lock-in liberalisation of all services ensuring the continued liberalisation of our NHS.
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