Michel Barnier has been given his orders to persuade French President Macron to drop his redlines on fisheries. With the French presidential race kicking off in the next year President Macron is under massive pressure to stand by his red lines, any movement from those red lines around fisheries would see his popularity in vital coastal areas dropped like a stone. The EU is now in a strange place; their options are very minimal; they either retract from their redlines or leave on the barebones deal
If they leave on the barebones deal it will harm multiple industries across all EU member states; this is why the German car industry has also demanded Merkel to work on Macron to remove his red lines on fisheries. The only endgame to this is a divided European Union with multiple member states falling out with each other due to a deal that was promised but never delivered. Red lines are bound to be dropped in the coming weeks he the agreement is to be secured.
A situation where a deal isn’t found will be catastrophic for the EU’s industries that rely on selling goods to Great Britain. The EU sees their level playing field as their insurance policy in stopping the UK from gaining a competitive edge on European Union industries; this is why large frost rejects the push for a level playing field.