Goodbye, food standards. Hello, corporate lobbyists. Why are we doing this, for no real economic benefit?

Last night, the government announced that Britain has joined a trade deal so contentious that it united Donald Trump, Hillary Clinton and Bernie Sanders in opposition to US membership.

While hardcore Brexiters would like to pretend this is the ultimate payoff of our decision to leave the EU and write our own rules, the reality is somewhat different. In signing the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Britain has ditched environmental standards, signed up to terms that will undermine British farmers, and left us open to being sued by multinational corporations in secretive courts. And all for no real economic benefit.

Nick Dearden is director of Global Justice Now (formerly World Development Movement)

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