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Mythbust

EU doesn’t need us more than we need it

by InFacts | 03.06.2016

Boris Johnson says we’ll get a good trade deal with the European Union because Germany wants to sell us BMWs.

What he doesn’t say is that our exports to the EU are 13% of our economy, while their exports to us are only 3% of their economy.

So, we’d be the big losers from a trade war.

We need them more than they need us.

Boris also doesn’t tell you that many foreign firms, like Nissan, set up shop in Britain because we are a gateway to sell stuff to the whole EU. If we quit, Germany and France might try to grab our jobs by luring companies away from the UK.

Sign our petition to demand that Boris sticks to the facts on trade.