New Zealand trade deal ‘will drive UK farmers out of business’
The IndependentSign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} The government's new trade deal will allow New Zealand farmers to undercut British farmers by shipping in meat produced to lower welfare standards, Labour has said. The UK government's own forecasts predict a trade deal with New Zealand could overall slightly reduce the size of the UK economy, with gains from cheaper imports being offset by damage to domestic farming communities. Scottish National Party trade spokesman Drew Hendry said: "The UK Government's own assessment shows that a free trade agreement with New Zealand would bring zero benefit, indeed it could lead to contraction in GDP. Last night New Zealand and the UK announced they had reached an agreement in principle, which Boris Johnson hailed as "a great trade deal for the United Kingdom".