With a deadline closing in quickly, the European Union's chief negotiator in trade talks with Britain said that talks between both sides on even a rudimentary deal still faced too many challenges to yield a result anytime soon. “At this stage, there are still too many difficulties remaining on important topics," EU negotiator Michel Barnier said as he was on his way to brief the envoys of the 27 member states on Wednesday. The lack of progress on fisheries and on the need to have common regulatory standards and fair competition to make sure Britain won't undercut EU businesses has befuddled the negotiating teams for months, as both sides have been trying to strike a trade deal since the U.
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