The vibes hit different
The "legitimate interest" cookies, which are equally comprehensive but are on a different tab, are not rejected by this, and to reject them you have to turn each one of them off by hand, scrolling down a massive list.
If you select "reject all", the dialog instantly closes, I think with the legitimate interest cookies all in use - but I can't check, because I know of no way to get the dialog back up again, which is why I'm saying "I think".
When sites pop this one up, I leave - and notably, The Register, the UK news site, started using it a year or so ago.
There's not a lot of good faith in that, and it's arguably not valid according to GDPR.
If the consent form itself is like that, then you already have no trust in the site, let alone asking the question of whether or not a non-duplicitous consent form could or could not be trusted.