London (CNN Business) UK Prime Minister Boris Johnson is facing an expensive choice. Now, with talks on a new trade deal with the European Union at risk of collapse, Johnson has to decide: Does he try to find common ground with Europe, or walk away? But failing to secure an agreement with the United Kingdom's biggest export market would amplify the pain. That would put the country even further behind on its efforts to recover from the historic shock triggered by the pandemic. "Actions taken to address the pandemic and decisions made on future trading relationships will have a lasting impact on the United Kingdom's economic trajectory for years to come."

Source: CNN October 16, 2020 05:22 UTC