The Cost of Failure: What’s at Stake If Brexit Talks Founder
- Firms would face hammer blow of tariffs and border disruption
- From pets to passports, here’s what would change after Dec. 31
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Negotiations between the U.K. and European Union over a post-Brexit trade deal are reaching a tense climax ahead of Sunday’s deadline. As a deal hangs in the balance, here’s a summary of what’s at stake if the talks fail.
Decades of free movement of goods, services, people and capital will come to an abrupt end when Britain leaves the EU’s single market and customs union on Dec. 31.