00:00So we've secured preferential access for UK medicines going into the United States economy.
00:05There are lots of medicines in the US that rely on the UK supply chain, for example.
00:10And of course, there are not tariffs in place on UK pharmaceuticals, which was the worry.
00:16Likewise, in the film and creative sectors, there are not tariffs in place.
00:19So we've been able to protect that status for UK services that work in that area.
00:24But look, there's other things that we want to negotiate, that we're already negotiating,
00:28and we'll continue to negotiate with the United States, as well as with the European Union
00:32and other countries around the world in sectors, for example, in technology and defence and so on and so forth.
00:37So there'll be more to come, and we're in active negotiations with the Americans and many others.
00:42I'm just not sure the Conservative Party is a serious political party at the moment.
00:46Kimmy Badenoch obviously took to Twitter before she'd read anything, and it's not for me to advise them,
00:52but if they want to be considered a credible party of government again, they might need to stop behaving like it.
00:56We will honour our manifesto commitments, so we will not be rejoining the single market and the customs union.
01:02But we do think there's a lot of room to be had between the trade deal that Boris Johnson signed up to
01:06and not rejoining the economic institutions of the European Union.
01:10So that's what our negotiators are working on at the moment.
01:13That's the right thing to do.
01:14The European Union is our largest trading bloc partner in the world.
01:17We think there are lots of benefits and advantages to that.
01:20And as I say, more detail will be published in due course.
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