PUBLISHED: 07:42, Tue, Dec 1, 2020 | UPDATED: 08:04, Tue, Dec 1, 2020
David McAllister, chairman of the UK Coordination Group of the European Parliament, has warned a no deal scenario will have “serious consequences” for the EU and will force the bloc to implement emergency plans. Mr McAllister, who is also a member of Angela Merkel’s Christian Democratic Union party, acknowledged the impact would be felt on trade and result in tariffs being placed on EU exports such as the automotive industry.
He said: “A no deal would have serious consequences.
“First of all, we would have to try to cushion the worst of the disruptions as part of the emergency measures in December, this applies in particular to flight connections, air traffic safety, road freight traffic and passenger bus traffic.
“The most serious change that would come with a no deal is that we then trade with one another on the basis of WTO rules. And that means in some cases considerable tariffs on cars, trucks, etc.”Insurance Loans Mortgage Attorney Credit Lawyer
David Frost, the UK chief Brexit negotiator and his EU counterpart Michel Barnier will continue to final phases of discussions in London this week, with outstanding issues remaining over fisheries, state aid and the so-called level playing field on competition.
Brexit news: Michel Barnier and David Frost resume talks in London today (Image: GETTY)
David McAllister (L) speaks to German Chancellor Angela Merkel (Image: GETTY)
Both sides have already completed more than 600-pages of legal text ahead of the official