Boris Johnson is moving aggressively against Europe

British Prime Minister Boris Johnson will spend the next few weeks trying to put pressure on Europe to get a better deal on Brexit. At the same moment he began to prepare for his possible failure and to leave Britain without an agreement.

Ever since Johnson took office, fears of no-deal Brexit have kept nail investors afloat. This weakened the pounds to new bottoms, and business leaders began to tighten their belts again.

Despite Boris' attempts to inspire optimism among farmers and businesses, the sectors remain skeptical and worried about the dire economic effects that may come with a no-deal exit. The government is also preparing for this scenario.

The new Brexit plan is already available.

Boris wants the EU to do two things: Revisit last year's agreement to exit and remove the guarantee at the Irish border that goods and people will be allowed to cross freely and after Brexit.

Johnson believes the guarantees for the border with Ireland are undemocratic because there is a risk of blocking Britain in trade with the EU forever.

EU leaders have said they are not ready to review the deal. As a result, Boris sees no reason to meet them.

Source: Bloomberg Finance L.P.

Graphs: Used with permission of Bloomberg Finance L.P.

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