A failure of the free trade talks with the EU would have not only economic but also political consequences for London. Boris Johnson backs down at the last minute on the controversial internal market law – and sends a conciliatory signal to Brussels before the meeting with Ursula von der Leyen on Wednesday evening.
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If there is no Brexit free trade agreement, a customs duty of 10 percent would be due for exporting British cars to the EU.
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When Prime Minister Boris Johnson went to the Brexit-Dinner arrives with the EU Commission President Ursula von der Leyen in Brussels, this should be of far less interest to the majority of the British than the latest Corona restrictions. The country has been particularly hard hit by the pandemic, economically and epidemiologically. Anyone who spoke to the British about the negotiations with Brussels in the last few months also found that after the grueling cultural battle over leaving the EU, Brexit exhaustion had actually returned. The indifference also has to do with the fact that it is not so obvious what consequences a deal or a no-deal would have on everyday life. Regardless of whether a free trade agreement is concluded or not: Great Britain will definitely leave the EU with a hard Brexit at the end of the transition period at the turn of the year.
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