
The UK have confirmed they won’t ask for a transition period extension.
So in mid July the trade negotiations continue in earnest. The EU presidency for the rest of 2020 is Germany and their leader Angela Merkel starts the process by saying no trade deal is a possible outcome this year. So 2019, where we saw media negotiations with rival positions debated over the airways.
There is a trade negotiation to be done, a temporary agreement may be made, or a longer negotiation could take place, with world trade rules covering the time in between. We will see.
Any trade deal can be worked around by expat business establishing cross border branches or overseas subsidiaries.
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