At the end of November, the head of the Bank of England warned that the failure to secure a trade deal with the European Union would do more damage to the U.K. economy over the long run than the coronavirus pandemic. Time is running out for negotiators as they enter the final stretch to reach a deal. On December 4, the ACG and 1014 hosted a discussion on the implications of Brexit with Heather Conley, Senior Vice President for Europe, Eurasia, and the Arctic and Director of the Europe Program at the Center for Strategic and International Studies; Klaus-Dieter Frankenberger, Foreign Editor of the Frankfurter Allgemeine Zeitung; and David Smith, Washington Bureau Chief for The Guardian.