EU Companies Are Losing Hope of a Brexit Deal

Anxiety is kicking in for executives as time—and trust—run short for an agreement between the U.K. and EU.

Photographer: Tolga Akmen/AFP via Getty Images

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It was hard to ignore the sense of foreboding when a group of German executives logged into a remote meeting on Tuesday.

Poring over the implications of Brexit at an event organized by the economic council of Chancellor Angela Merkel’s governing party, the topics were familiar in a country that sends more goods to the U.K. than any other exporter: tariffs, logistical logjams and disrupted supplies.