The U.S. is a big player and knows it, so they`re going to try to get what they want, as has been pointed out for sugar, hydraulic fracturing and other examples. In addition, under its regular bilateral trade agreements, it has powers over ISDS, and this is already the case in trade relations. Mark Garnier`s idea, which I respect, is that in theory you could say, “No, that`s not what we want. We won`t go on. But it would have a huge economic cost. There would also be enormous pressure, while all the other trade agreements would have to be done to accept. If the EU continues to do so and there is no trade agreement, we should withdraw the recognition of the European Commission – the key institution of an undemocratic federal super-state and, from now on, to negotiate only with certain Member States. Yes, yes. Article 38 confirms not only the historical position, but also our sovereignty during the implementation period. Parliament is given additional powers, such as the powers of the European Control Committee, which is important because we will not be involved in the decision-making process. We were sovereign all the time.
In terms of our money, we have always had our sovereignty. We set our own budgets. We are represented in the definition of the EU budget by our democratically elected representatives. As I said, we have even had opt-outs negotiated by Conservative governments from some of these financial agreements. We have negotiated opt-outs, variations, rebates and all kinds of specific terms and conditions for the UK. John Redwood seems to be a reborn federalist. Maybe it could be a new solo career, now that the band is at the end of its tour. I would gladly join him in further decentralisation and the application of federalism in the United Kingdom if he wants to do so. However, he should be concerned because parliamentary sovereignty is not restored by the clause or the bill as a whole. The political statement states: “It must also guarantee the sovereignty of the United Kingdom and the protection of its internal market, respecting the outcome of the 2016 referendum, particularly with regard to the development of its independent trade policy and the end of the free movement of people between the EU and the United Kingdom.” She added that a tariff-free free trade agreement would be at the heart of the new relationship. As Robert Courts said, with regard to the Constitution of the United Kingdom, Parliament has shared and will continue to share its sovereignty.