May Challenges EU as Brexit Talks Hit ‘Impasse’, Sterling Tumbles

May Challenges EU as Brexit Talks Hit ‘Impasse’, Sterling Tumbles
Britain's Prime Minister Theresa May makes a statement on Brexit negotiations with the European Union at Number 10 Downing Street, London, on Sept. 21, 2018. Jack Taylor/Pool via Reuters
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LONDON—British Prime Minister Theresa May said on Sept. 21, that Brexit talks with the European Union had hit an impasse, defiantly challenging the bloc to come up with its own plans a day after EU leaders savaged her proposals.

At a summit in Austria on Sept. 20, EU leaders rejected May’s “Chequers” plan, saying she needed to give ground on trade and customs arrangements for the UK border with Ireland.