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Free trade has lifted mankind to a level of wealth that was recently unimaginable. In 1990, 38 percent of human beings lived in extreme poverty; today, that figure has fallen to 8 per cent, as previously closed African and Asian economies have joined the global market.

Yet, paradoxically, free trade has never been so out of fashion. Across the world, idealistic people march against trade deals, protest G20 summits, occupy stock exchanges, sincerely believing that, in doing so, they are standing up for the poor against multinational corporations – when, in reality, they are doing the opposite.

Politicians naturally respond to public opinion. We are witnessing a trade war between the world’s largest and second-largest economies. The Uruguay Round, concluded in 1994, was the last successful comprehensive multilateral trade negotiation. Until CPTPP, the last major regional trade deals were ASEAN and NAFTA, agreed in the early 1990s.

We need to recapture the moral case for open commerce. Free trade is not simply a way to buy cheaper iPhones. It is the ultimate instrument of poverty alleviation, conflict resolution and social justice.

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Daniel Hannan

@DanielJHannan 11 minutes ago

Why do we treat steelworkers differently from travel agents or video rental employees or secretaries or archivists? telegraph.co.uk/politics/2019/…

Allie Renison

@AllieRenison 4 hours ago

Fwiw re: Rory Stewart saying he wouldn't serve under Boris Johnson b/c he can't do so with anyone explicitly pushin… twitter.com/i/web/status/1…

EFTA 4 UK

@EFTA4UK 13 hours ago

In 5 years we have never heard a single sensible argument against the UK rejoining efta. There are arguments for or… twitter.com/i/web/status/1…

Shanker Singham

@ShankerASingham yesterday

I agree with Greg. This is pretty sloppy stuff. Our meetings were a fact finding exercise and a discussion. This re… twitter.com/i/web/status/1…

Greg Hands

@GregHands yesterday

This is simply wilfully misleading. This bears zero resemblance to any of our meetings and @NickyMorgan01 wasn’t ev… twitter.com/i/web/status/1…

Initiative for Free Trade

@IFTtweets 2 days ago

👇 twitter.com/leemakiyama/st…

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