U.K., EU Extend Brexit Negotiations to Sunday

U.K., EU Extend Brexit Negotiations to Sunday

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses a dinner meeting between UK Prime Minister Boris Johnson and EU Commission President Ursula von der Leyen, which aimed to resolve Brexit trade negotiations. Despite hopes for progress, both sides remain far apart, and negotiations will continue. The meeting's outcome affected the market, causing the pound to slide. Future negotiations are planned, with a deadline by the end of the year. If no deal is reached, the UK will face tariffs and higher prices under WTO rules.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the market react following the discussions between the UK and EU leaders?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the deadline for the UK to finalize a trade deal with the EU?

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