EU-Mercosur Trade Pact Signals Limits of Trump’s Hardball Diplomacy in Latin America
A mega trade deal clinched between the European Union and South America’s biggest economies after a quarter-century of talks may signal the limits of the Trump administration’s pressure tactics in the region, officials and analysts said.The trade alliance between the EU and South America's Mercosur, comprising Brazil, Argentina, Paraguay and Uruguay, will substantially boost trade ties in a region that saw commerce with China soar in recent decades while U.S. influence plummeted.But even as U.S. President Donald Trump's administration seeks wider regional fealty, South American governments from Brazil to...
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