EU-Latin America trade deal inches forward
Negotiations between the European Union and the trade bloc mercosur continue, and recent tweaks by the European Commission have enabled part of the deal to pass. By offering more funding for farmers in the 2028–2034 budget period and temporarily suspending tariffs on fertilizers, Italy gave its support, giving the EU enough votes to pass this aspect of the trade agreement. However, France is still opposed, and other aspects require unanimous consent from all member states. In the same week that President Trump made a strong move to counter anti-U.S. foreign influence in Venezuela and enforce the Monroe Doctrine, the Europeans have quietly taken important steps to bring Latin America into their trade empire. For more information on the significance of this deal, read “America Is Being Besieged Economically,” by Gerald Flurry.