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EU-Mercosur Trade Deal Ratified, Largest Common Market Ahead

EU-Mercosur Trade Deal Ratified, Largest Common Market Ahead

Pittsburgh Steelers News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 5, 20261m 36s

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Show Notes

Brazils Senate unanimously ratifies EU-Mercosur free trade deal, paving the way for the worlds largest common market. The pact, involving Argentina, Brazil, Paraguay, and Uruguay, aims to eliminate tariffs on 90% of goods traded between the EU and Mercosur nations. European farmers express concerns over cheaper imports, while supporters see it as a response to global protectionism. The deal could take effect in two months, reshaping trade flows across the Atlantic and beyond.

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