Boris Johnson: Very, very likely UK will fail to strike trade deal with EU

The transcript discusses ongoing negotiations in Brussels, highlighting two main issues: the ratchet clause and fishing rights. The speaker expresses hope for progress but acknowledges the likelihood of adopting a solution that allows the UK to operate independently from January 1st. The focus is on preparing the country for this transition and embracing World Trade terms.

What is the speaker's perspective on the potential outcome of the negotiations?

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What does the speaker imply about the changes that may occur from January 1st?

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