The fourth round of EU-U.K. negotiations to form a long term customs and trade deal made “no substantial progress” on foundational issues according to EU chief negotiator Michel Barnier. A heads of state meeting scheduled for later in June will provide one of the last chances to find a way forward. Choices include extending talks beyond the end -year deadline, committing to getting a deal done by December or to start planning for a no-deal end to current trade arrangements. The latter would have a markedly negative impact on the automotive industry and may lead Nissan to r...