EU kickstarts Mercosur pact to counter US trade hit
The European Union and South American bloc Mercosur will tomorrow implement a contentious free trade agreement that the EU in particular hopes will benefit exporters and calm critics, even if it cannot fully offset the blow from US tariffs. Backers including Germany and Spain say the agreement will help compensate for the hit from US President Donald Trump's tariffs and…
Key Insights
- This topic is currently trending
- Experts are closely monitoring developments
- It may impact future decisions
