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.
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.
There's not a lot of good faith in that, and it's arguably not valid according to GDPR.
The vibes hit different