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No Brexit trade deal could cost reeling UK economy $25 billion next year
UK Prime Minister Boris Johnson has an expensive choice ahead. The British economy has been pummeled by the pandemic. Now, after a meeting of EU leaders decided that not enough progress has been made in talks on a new trade deal with the United Kingdom, Johnson faces a difficult choice: Does he keep discussions going past a self-imposed deadline, or walk away? Both roads lead to a tough 2021 for Britain as the country battles the twin shocks of coronavirus and Brexit. But failing to secure an agreement with the United Kingdom's biggest export market would amplify the pain.Walking away empty handed would create ... (full story)
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