EU deal and Donald Trump tariff threats bolster Mercosur trade talks

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EU deal and Donald Trump tariff threats bolster Mercosur trade talks - Business Standard

Quick Summary:

If the pacts materialize, they would mark a revival for the trade bloc including South America's two largest economies, Brazil and Argentina, which has long suffered from internal divisions and skepticism about its effectiveness.

Topping the list of Mercosur's most likely new trade pacts next year are deals with the European Free Trade Association of four non-EU nations and with the United Arab Emirates, the diplomats said on condition of anonymity.

In some cases, talks have hit against resistance from farm lobbies in other countries wary of competing with agricultural powerhouses Brazil and Argentina, a Brazilian diplomat recognized. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.