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EU hopes Trump tariffs can nudge Mercosur deal past finish line

  • The European Commission clinched a deal with Mercosur in December to create a free-trade area.
  • The EU is seeking trade opportunities amid cracks in its largest trading relationship.
  • The agreement, 25 years in the making, encompasses 700 million customers but requires EU state signatures.
  • French diplomatic sources state the draft is unacceptable, even as Austria now supports the agreement.
  • European farmers protest, fearing displacement, while the EU parliament's approval remains uncertain.
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EU hopes Trump tariffs can nudge Mercosur deal past finish line

The spectre of a transatlantic trade war is also fuelling hopes of a silver lining in Europe: that a commerce deal with four South American countries could get a final green light despite longstanding French opposition. Forced to come to terms with the growing cracks in its biggest trading relationship, worth 1.6 trillion euros ($1.8

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Barron's broke the news in New York, United States on Thursday, April 17, 2025.
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