EU plans for chaotic Brexit as U.K. readies for no-deal vote

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EU plans for chaotic Brexit as U.K. readies for no-deal vote
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Britain and the European Union braced Wednesday for a chaotic, cliff-edge Brexit after U.K. lawmakers rejected the two sides' agreed divorce deal. Britain's Parliament was set to hold votes aiming to try to rule out that disruptive option, or at least postpone it for now.

But top EU officials warned that the prospect could not be eliminated unless the U.K. Parliament approved an exit deal."I urge you please not to underestimate the risk or its consequences," he told European lawmakers in Strasbourg, France.

The government said 87 per cent of imports by value would be tariff-free, a "modest liberalization" compared with current trade rules. A mixture of tariffs and quotas would apply to beef, lamb, pork, poultry and some dairy "to support farmers and producers who have historically been protected through high EU tariffs."

British lawmakers rejected May's Brexit deal for a second time on Tuesday, throwing it out by a 391-242 vote. "The government needs to seek an extension of Article 50 so that we can have a bit more time to sort things out because, to be honest, we are in such a mess," opposition Labour Party lawmaker Yvette Cooper said.

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