Britain, EU Scramble For A Deal Weeks Before Brexit Transition Ends

The video discusses the ongoing efforts to secure a trade deal between Britain and the EU before the transition period ends. It highlights the potential fallout of a no-deal Brexit, including impacts on financial markets and border traffic. Key issues in the negotiations include fishing rights, state aid, and dispute resolution. The video also outlines the Brexit timeline and the possibility of extending the transition period if both sides agree.

What are the fears associated with a failure in negotiations?

What is the duration of the transition period that could potentially be extended?