#EuropeanUnion Agrees to Landmark #FreeTrade Deal With #SouthAmerica
The agreement with #Argentina, #Brazil, #Paraguay & #Uruguay represents a push for deeper global cooperation, in contrast to the #UnitedStates turning to coercion & #force in its dealings with other countries.
#geopolitics #GlobalEconomy
https://www.nytimes.com/2026/01/09/business/economy/european-union-mercosur-trade.html?smid=nytcore-ios-share
"The Climate Action Network said the deal was not only about tariffs and quotas but would “drive deforestation” and “worsen human rights conditions in some of the world’s most sensitive ecosystems” with incentives to farm more beef and soy and timber for paper in deforestation-prone areas"