EU's Tusk Warns May: Trade After Brexit Will Come With `Friction'

The transcript discusses the EU's draft withdrawal agreement and the UK's red lines, including no customs union and single market. It highlights the potential consequences, such as a hard border in Ireland, and the EU's proposal to prevent it. The future UK-EU relationship and trade implications are also addressed, emphasizing that frictionless trade is not possible outside the customs union and single market.

What did Michel Barnier publish yesterday?

What are the red lines confirmed by London regarding Brexit?

What is one of the possible negative consequences of Brexit mentioned in the text?

What proposal is suggested to prevent a hard border between Ireland and Northern Ireland?

What does the speaker emphasize about trade outside of the customs union and single market?