“Striking new free trade deals – over 70 countries, worth over £760 billion”

Tory MP Henry Smith, Twitter

January 30, 2022

Facts

The Department for International Trade confirms the £760 billion figure refers to bilateral trade, not the value of the trade deals themselves.

Verdict

This claim is incorrect. It relies on a distortion of government figures, and does not accurately reflect the value of the trade deals – which are likely to be significantly less than the value of bilateral trade.

We approached Henry Smith's office to give him a chance to comment, but received no response.

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