U.K. Talks Up Brexit Progress as May Heads to Brussels

The transcript discusses the ongoing Brexit negotiations, focusing on the challenges posed by the Irish border backstop and the EU's firm stance on not reopening the withdrawal agreement. It highlights the potential outcomes if a deal is not reached by February 27th, including the possibility of a no-deal Brexit, which is seen as disastrous for UK industry. The transcript also covers the difficulties in finalizing trade deals with Asian countries before the March 29th deadline, emphasizing the urgency and complexity of the situation.

What is Theresa May attempting to change in her negotiations with the EU?

• The fishing rights in the North Sea

• The Irish border backstop

• The trade agreement with Japan

• The UK's membership in the EU

What is the significance of February 27th in the Brexit process?

• It is the day Theresa May plans to resign.

• It is the deadline for the UK to leave the EU.

• It is the date when Parliament may take over the Brexit process.

• It is the date for a second Brexit referendum.

What is the potential consequence of a no-deal Brexit according to the business secretary?

• A boost to UK industry

• An increase in UK exports

• A reduction in UK unemployment

• A disaster and a hammer blow to UK industry

Which countries are mentioned as having trade deals with the UK that are unlikely to be finalized before the Brexit deadline?

• Canada and Mexico

• South Korea and Japan

• Australia and New Zealand

• China and India

What is the estimated value of goods the UK sells to South Korea and Japan?

• $10 billion

• $24 billion

• $100 billion

• $50 billion