The agreement took 25 years to negotiate and will create one of the world's largest free trade zones. The deal was signed, despite opposition from some European farmers.
IMO the agreement is a big positive for both sides. It’s a good way to give USA a big “fuck you”, without creating further problems with over-reliance on China.
From the Mercosur’s PoV, it’s a great way to boost the Argentinian economy. And some external pressure might even keep deforestation at bay.
I’d argue European farmers are excessively worried. I seriously question how much overlap on export crops there is, due to climatic differences.
[Dumpster News comments] I’m surprised Trump didn’t threaten involved parties with tariffs or military action over that yet. As a European, very happy about that happening, for multiple reasons. It’s a shame it took so long
I’m low-key wishing Brazil implements some export tariffs against USA for coffee. If they want caffeine, they can always go for a swim, just grab the tea they dumped into the sea when seceding from UK.
IMO the agreement is a big positive for both sides. It’s a good way to give USA a big “fuck you”, without creating further problems with over-reliance on China.
From the Mercosur’s PoV, it’s a great way to boost the Argentinian economy. And some external pressure might even keep deforestation at bay.
I’d argue European farmers are excessively worried. I seriously question how much overlap on export crops there is, due to climatic differences.
I’m low-key wishing Brazil implements some export tariffs against USA for coffee. If they want caffeine, they can always go for a swim, just grab the tea they dumped into the sea when seceding from UK.