Why The UK Government Refuses a Brexit Extension: Coronavirus Makes No Deal More Likely - TLDR News

Why The UK Government Refuses a Brexit Extension: Coronavirus Makes No Deal More Likely - TLDR News

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Interactive Video

Social Studies

11th Grade - University

Hard

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The UK government decided not to extend the transition period for leaving the EU, despite the ongoing coronavirus crisis. This decision is seen as a political stance to appease Brexiteers, although public opinion is shifting towards supporting an extension. The UK and EU are far apart in negotiations, with disagreements over level playing field provisions. The UK government believes an extension could be economically disadvantageous, potentially costing £800 million a month and limiting trade deal opportunities. The decision remains controversial, with risks of a no-deal Brexit amid the pandemic.

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