The signing ceremony in Paraguay’s humid capital of Asunción marks a major geopolitical victory for the #EU in an age of #Trump #tariffs & surging #China exports, expanding the bloc’s foothold in a #resource-rich region increasingly contested by Washington & Beijing.
#geopolitics #trade #economy #inflation #Europe #Mercosur #SouthAmerica #FreeTrade #protectionism #NewWorldOrder
@Nonilex And that's what I'm talking about 😁
@Nonilex I’m an American👇🏾
WE DON’T WANT GREENLAND🇬🇱
WE WANT HEALTHCARE!
The #EU & the #Mercosur bloc of #SouthAmerica countries formally signed a long-sought landmark #FreeTrade agreement on Saturday, capping more than a quarter-century of torturous negotiations to strengthen #commercial ties in the face of rising #protectionism & #trade tensions around the world.
#geopolitics #economy #Trump #tariffs #inflation #Europe #NewWorldOrder
The signing ceremony in Paraguay’s humid capital of Asunción marks a major geopolitical victory for the #EU in an age of #Trump #tariffs & surging #China exports, expanding the bloc’s foothold in a #resource-rich region increasingly contested by Washington & Beijing.
#geopolitics #trade #economy #inflation #Europe #Mercosur #SouthAmerica #FreeTrade #protectionism #NewWorldOrder
It also sends a message that #SouthAmerica keeps diverse #trade & #diplomatic relations even as #US President Donald #Trump attempts to declare dominance in the #WesternHemisphere.
European Commission President Ursula von der Leyen, who head’s the #EU’s executive branch, said that “the geopolitical importance of this agreement cannot be overstated” amid revived skepticism about the benefits of #FreeTrade.
#geopolitics #economy #inflation #tariffs #Europe #EU #Mercosur #NewWorldOrder
“We choose #fair #trade over #tariffs. We choose a productive long-term #partnership over #isolation,” she declared at the ceremony attended by the presidents of #Mercosur members #Argentina, #Uruguay & #Paraguay, & by the foreign minister of the trading bloc’s biggest #economy, #Brazil.
“We will join forces like never before, because we believe that this is the best way to make our people & our countries prosper.”
#geopolitics #inflation #Europe #EU #SouthAmerica #FreeTrade #NewWorldOrder
@Nonilex I wonder how this affects Argentina, given that it's apparently being actively colonized by Israelis and Europe seems intent on enabling Netanyahu
In creating one of the world’s largest #FreeTrade zones, the accord — pushed by #SouthAmerica’s renowned cattle-raising countries & #Europe’s industrial sectors craving new markets for cars & machines — brings together a #market of more than 700 million #consumers that accounts for a quarter of #global #GDP.
#geopolitics #trade #economy #inflation #tariffs #EU #Mercosur #protectionism #NewWorldOrder
