The bakers used a lot of soya (sic) sauce in the first challenge on #GBBO, so it's a good thing it will be made cheaper thanks to our trade deal with Japan.
Said the official Twitter feed of the Department for International Trade, which trade guru Liz Truss runs (!).
Only:
Soy sauce imports from Japan currently has zero tariffs.
Under a no deal it would have a 6% tafiff.
The just concluded light deal reduces tariffs for soy sauce to the same level it is currently as we have as an EU member.
So, the deal, at best, leaves this as it currently is. Not improves.
And shows the reality of no deal is increases in prices. Increase prices on many more things than just soy sauce. And shows that a Government department is only too willing to be economical with the truth to suit its political masters. But was thankfully, repeatedly challenged by trade people on Twitter and two clarifications had to be issued.
When the penny sinks in this is the reality, I think there will be quite some anger.
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