The Brexiteer said the EU’s hard-line negotiating tactics were unnecessary and “feeble” and Britain did not need to kowtow to Brussels anymore.
He said rather than agree to harsh restrictions and become a vassal state during the transition period, Britain should end negotiations and quit the bloc now.
Jacob Rees-Mogg said new threats issued today by the EU’s chief Brexit negotiator Michel Barnier were “feeble”.
He said: “I would be happy to move to World Trade Organisation (WTO) terms without a transition and save £39billion that could be spent on the NHS. It is rather feeble as threats go.”
He has previously warned the UK risks becoming a “vassal state” if it agrees to a transition deal in which Britain has no say over rules and regulations.
It followed a ream of new threats from Mr Barnier earlier today after Britain was warned earlier this week it could be punished by the EU if it broke transition agreements.
Today Mr Barnier said a Brexit transition deal may not even happen unless Theresa May or David Davis offer more clarity on their positions.
He said: “To be quite frank, if these disagreements persist, the transition is not a given. Time is short, very short, and we haven’t a minute to lose if we want to succeed.”
Mr Barnier also warned checks at the border between Northern Ireland and the Republic will be “unavoidable” under Theresa May’s plans for the UK to leave the single market and customs union.
Declaring himself “surprised” by the UK stance, Mr Barnier said Britain had to accept the “ineluctable consequences” of its own decision to quit the EU.
In response, Mr Davis said it was “surprising” Mr Barnier did not understand the UK’s position.
He said: “Given the intense work that has taken place this week it is surprising to hear that Michel Barnier is unclear on the UK’s position in relation to the implementation period.
“For any such period to work, both sides will need a way to resolve disputes in the unlikely event that they occur.
“But there is a fundamental contradiction in the approach the Commission is taking. Today they acknowledged that a way to resolve disputes and infringements is needed.
“Yet at the same time they dismissed the UK’s push for reasonable safeguards to ensure our interests are protected. It is not possible to have it both ways.”