So I've read some more about the
IEA's proposals. They're advocating for the UK to adopt unilateral free trade, by dropping tariffs to zero and minimising non-tariff barriers. Sure, manufacturing and agriculture will be destroyed, but it doesn't matter as those aren't substantial parts of the economy anymore. It's more important to ensure consumers have cheap prices.
Which non-tariff barriers should be removed though? Well, there's this paragraph in the paper the IEA put out.
Sounds like they want us to drop our regulations down to third world levels. Forget chlorinated chicken, we're going to have melamine in the milk!
What's really worrying is that Tory MPs like Mogg have parroted some of these ideas, just dropping tariffs entirely and dropping regulations on environmental and safety issues to India's level.