U.K., EU Vow To Keep Brexit Negotiations Alive As Deadline Looms

The video discusses the ongoing Brexit trade negotiations between the UK and the EU. Despite constructive talks between European Commission President Ursula von der Linde and UK Prime Minister Boris Johnson, a no-deal Brexit seems likely due to unresolved key issues. The UK government acknowledges that a no-deal exit could lead to chaos, affecting ports, prices, and goods availability. Johnson argues that the EU's demands keep the UK too closely tied to the EU, which it decided to leave nearly a year ago.

What are some of the consequences of a no deal exit mentioned in the text?

What did Johnson say about the rules being demanded by the European Union?