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Brexit: Blink or there will be no deal, both UK and EU tell each other

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The main sticking point has been so-called 'level playing field' rules to harmonise regulation, which the EU says are needed to ensure Britain does not undercut its standards, but which Britain rejects as binding it to European laws Brussels/London: Britain and the European Union traded threats on Friday over a Brexit free trade deal, warning that unless the other side gave ground there would be no deal - a scenario that would convulse global trade as the world aims to exit the coronavirus lockdown.

The United Kingdom left the European Union on Jan. 31 but the main terms of its membership remain in place for a transition period until the end of this year, giving it time to negotiate a free trade deal with the bloc.

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