The Prime Minister has not ruled out new legislation that would give UK ministers the power to override the Northern Ireland Protocol.
The Financial Times reported that draft legislation could be published in May.
The protocol is the Brexit deal, which prevents a hard Irish border by keeping Northern Ireland in the European Union (EU) single market for goods.
It creates a new trading border between Northern Ireland and the rest of the UK.
The EU accepts that this causes difficulties for many companies.
Boris Johnson was asked about the newspaper story during a visit to India on Friday.
Mr Johnson said the UK will continue to hold talks with the EU to seek reforms to the protocol, but “we do not rule out taking further steps if necessary”.
“This is something that has been an ongoing problem for the UK Government and I think it’s very simple.
“It is about the balance of the Good Friday Agreement and based on what is happening it would be fair to say that the Protocol really does not have the confidence of a large part of the population of Northern Ireland.
“We have to address this, we have to fix this.”
When asked if that could include new laws, he replied: “Of course. That goes without saying.”
Article 16 of the protocol already gives the UK or EU the right to impose “safeguard measures” if the deal causes serious difficulties that are likely to persist.
But a new UK law would go much further, giving UK ministers wide discretion and reducing the risk of legal challenge.
The EU would likely view the move as a serious breach of the deal.
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The Financial Times suggested the law would give UK ministers, for example, the right to ignore the outcome of a Stormont approval vote on the Protocol.
Under the terms of the current agreement, the Stormont Assembly must vote every four years on whether to continue the main provisions of the Protocol.
The protocol was agreed by the UK and EU in October 2019.
A series of so-called “grace periods” means it was never fully implemented.
Earlier this month the EU changed its laws to ensure Northern Ireland can continue to import medicines from the rest of the UK.
The delivery of medicines had emerged as one of the protocol’s major difficulties, with drug companies warning that if left unchanged it would lead to the withdrawal of products.
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