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00:00So we must all now confront the reality that the Brexit deal we have significantly hurt
00:07our economy. And so for economic renewal, we have to keep reducing frictions. We have
00:16to keep moving towards a closer relationship with the EU. And we have to be grown up about
00:23that. To accept that this will require trade-offs, that applies to our trading relations right
00:30across the world. And as you've seen already with this government, there are deals to be
00:38done if you're committed to building relationships. That's what we've done with the US, it's what
00:46we've done with India, and it's what we've done with the EU. And we will keep going.
00:53We will continue to reject drift, to confront reality, and take control of our future.
01:01Your current proposals for the EU are not economically significant. Are you going to drive harder
01:06and faster in getting a better trade deal with the EU?
01:10On trade, Robert, look, we do need to get closer to the EU. It is clear from all of the
01:16analysis that the deal that we've got has hurt our economy. That's why we've rebuilt relations
01:22and reset relations with the EU, and I'm proud that we've done that. That is why we're moving
01:27forward. We had the mandates agreed for the SPS agreement, and that will drive down costs
01:33in supermarkets significantly, particularly food costs, and the emission trading scheme just
01:38in the last week or two. So we're making progress on that front. And that goes in addition to
01:44the other trade deals that we've done with countries of the US that we did. And I remember
01:49the days when people were saying to me, you can't have a deal with the US and a deal with
01:53the EU, and we've got both. And the deal we did with India, which it had been in the making,
01:59I think, for eight years until we came along and actually did the deal. So I'm proud that
02:04we're making that progress.
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