UK Prime Minister Boris Johnson and European Commission President Ursula von der Leyen are gearing up for last-ditch trade talks on Sunday to try and reconcile the differences between the two negotiating sides in ongoing Brexit talks.

Attempts have been ramped up to seek out a viable option to the no-deal scenario that would shift post-Brexit relations between the UK and EU to default terms.

The UK exited the bloc in January, entering the transition period, due to end on 31 December, and without a deal in place, default World Trade Organisation terms will take effect, bringing with them steep tariffs on some goods.

As stalled talks to reach a trade deal and ensure Britain’s orderly exit from the bloc continued into the night between the teams of Brussels’ chief negotiator, Michel Barnier, and his UK counterpart David Frost, hopes of averting a ‘no deal’ scenario were fast dwindling.

Source: Sputnik