Hammond: Must Have Control Over Immigration in Brexit

The transcript discusses the ongoing Brexit negotiations, highlighting the UK's desire to control migration while maintaining access to the single market. The EU's initial stance is firm on the indivisibility of the four freedoms, but negotiations are expected to involve compromises. The UK acknowledges the need for a win-win solution, considering the significant trade relations with the EU. The discussion also touches on international reactions, particularly from Sweden, and the expectation that negotiation positions will evolve over time.

What is the significance of the £234 billion worth of exports mentioned in the text?

What does the speaker suggest about the nature of negotiations between the UK and the EU?