UK Must Prepare for a No-Deal Brexit, Boris Johnson Says

by Andrew Trunsky

British Prime Minister Boris Johnson warned that a possible rupture of the European Union without an agreement is likely if the bloc does not show a "fundamental" change in position.

The European Union and the UK scrambled to strike a trade deal during their negotiations, leading both sides to blame the other as the year-end deadline drew near, the Associated Press said reported.

The UK is hoping for a similar deal to the EU with Canada, which is said to consist of few tariffs and quotas for goods traded between the two BBC.

Ursula von der LeyenThe European Commission President said the EU would continue to negotiate an agreement, "but not at any cost," and insisted that the UK will change its position to reach a compromise, the AP said.

The UK had originally waived an agreement if one was not reached by the end of the EU summit, which ends on Friday, but Johnson pulled back, saying that he wanted the organization to “fundamentally change approach” strive for.

"As far as I can see, they have given up on the idea of ​​a free trade agreement … Unless the approach fundamentally changes, we will go for the Australian solution," he said.

Australia does not have a free trade agreement with the EU, which means that trade between the two countries involves high tariffs and other restrictions. Economists predict that such a scenario would be devastating for businesses in the UK as the EU is the country's largest trading partner and businesses are already affected by the ongoing problems Coronavirus pandemic.

Johnson's argument was confirmed by Von der Leyen, who said that "our negotiating team will go to London next week as planned to step up these negotiations," the AP reported.

Britain officially left the EU on January 31, but will remain part of its economic structure until the end of the year. Talks continued for much of 2020, but both sides acknowledge that if an agreement is to be ratified by 2021, according to the AP, an agreement must be reached before November 1.

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Andrew Trunsky is a reporter for the Daily Caller News Foundation.
Photo “Boris Johnson” by UK Department for International Development. CC BY 2.0.


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The item Britain must prepare for a no-deal Brexit, says Boris Johnson first appeared on Tennessee Star.

British Prime Minister Boris Johnson warned that a possible rupture of the European Union without an agreement is likely if the bloc does not show a "fundamental" change in position.
The European Union and the UK have scrambled to reach a trade deal during their negotiations, and both sides have blamed each other as the year-end deadline approaches, Associated Press reported.
UK Must Prepare for No Deal Brexit, Boris Johnson Says first appeared on Tennessee Star.



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