EU eyes Mercosur pact as strategic hedge against U.S. protectionism

The members of the bloc who doubted, like Italy, the Netherlands and Poland, now join in the idea of signing.France would be without allies against the agreement.

BR-SSEL/VIENE. In view of the uncertainties surrounding the new US case, the EU intends to accelerate the conclusion of a trade agreement with the US Mercosur countries.

In view of the uncertainties surrounding the new US tariffs, the EU wants to accelerate the conclusion of a trade agreement with the South American Mercosur states. In Austria, it has always been very controversial, but ÖVP's Minister for Economic Affairs Wolfgang Hattmannsdorfer (ÖVP) is now in favour. The smallest coalition partner NEOS has always been in favour of the SPÖ, which has always opposed it.

The European Commission has signed the Mercosur Agreement. According to its spokesman Olof Gill, the Commission intends to persuade all EU countries to agree to an agreement with the countries of South America. “In an increasingly volatile geopolitical reality, having strong agreements with trusted partners around the world that benefit both parties is more important than ever,” Gill said. “That is why we will certainly invest a lot of time and …

EU eyes Mercosur pact as strategic hedge against U.S. protectionism

EU eyes Mercosur pact as strategic hedge against U.S. protectionism April 4, 2025 Posted by: Quatro Strategies Categories: Americas, Business & Politics, Europe No Comments Subscribe to unlock this insight. START YOUR TRIAL NOWALREADY A MEMBER? .vc_custom_1452662201783{margin-right: 0px !important;margin-bottom: 40px !important;margin-left: 0px !important;}.vc_custom_1533640275437…

The tariff announced by the President of the United States, Donald Trump, could accelerate the agreement process between Mercosur and the European Union (EU). The assessment is made by the president of the Brazilian Export and Investment Promotion Agency (APEXBrasil), Jorge Viana. “I think Brazil doesn't have to focus on what advantage we're going to get from that. Especially because President Lula is a multilateralist, he proposes agreements. …