BRUSSELS—The U.K. and the European Union have reached an agreement on Brexit divorce terms after six months of tense talks, opening the way for negotiations to advance on a trade deal but leaving big challenges still ahead. The deal eases pressure on U.K. Prime Minister Theresa May, but if approved by leaders next week it still remains only a door-opener to difficult negotiations. Britain is pushing for an ambitious trade deal that EU officials have warned could be much more restrained and take years to hammer out.

Source: Wall Street Journal December 08, 2017 07:01 UTC