Sir Keir Starmer gives lukewarm welcome to Indo-Pacific trade deal and says Government should improve EU relationship

The transcript discusses the significance of trade deals, highlighting their limited economic impact. It stresses the importance of strengthening trade relations with the EU to support businesses and address the cost of living crisis. The potential of Pacific markets is acknowledged, but the focus remains on improving trade with closer neighbors.

What is the speaker's view on the economic impact of the new trade deal?

• It will significantly boost the economy.

• It will have a minor impact on the economy.

• It will harm the economy.

• It will have no impact at all.

Why does the speaker emphasize the need for a closer trading relationship with the EU?

• To focus solely on the EU market.

• To reduce trade with other countries.

• To support businesses and grow the economy.

• To increase political influence.

What is the speaker's opinion on the trade deal with the Pacific region?

• It is not important at all.

• It is crucial and will have a large immediate impact.

• It is important but has a small initial yield.

• It should be avoided.

According to the speaker, what is a common rule in trade?

• Avoid trading with neighbors.

• Trade equally with all countries.

• Trade more with nearby neighbors.

• Trade more with distant countries.

What does the speaker suggest should accompany new trade deals?

• An increase in tariffs.

• A focus on domestic markets.

• A better trading relationship with the EU.

• A reduction in international trade.