Michael D'Arcy (Wexford, Fine Gael) | Oireachtas source

Let me finish, I know as a result of the speech by the Prime Minister, Theresa May, last week people are saying the worst case scenario was modelled. There is a worse case than a bad deal which is no arrangement falling on the WTO. The witnesses did not model a trade war, which could happen and could have a really catastrophic impact on the agricultural sector in this country. The modelling is based on 50% WTO targets for agriculture but if there is a trade war that could be 75% or 100%.