Brexit’s Cliff Edge Is Like ‘No Deal’ All Over Again: QuickTake

The threat of a chaotic split between the U.K. and Europe hasn’t gone away. While Britain agreed an orderly departure from the European Union on Jan. 31, averting the threat of a “no-deal” Brexit, the second stage of the divorce hinges on forging a wider accord encompassing trade, security cooperation and fisheries. The risk of a potentially disruptive “cliff edge” remains if an accord isn’t reached by Dec. 31.