Instead, the European Commission president will have to figure out a way to salvage the Mercosur pact by rallying last-minute support from countries including Italy that helped delay the deal — yet again — over concerns it would hurt domestic farming sectors. Negotiations on the trade accord — with Argentina, Brazil, Uruguay and Paraguay — have been drawn out over 25 years, rankling the South American countries. Brazilian President Luiz Inacio Lula da Silva said earlier this week the time was now or never.Read More
Europe Stumbles in Its Attempt to Sidestep Trump’s World Order
