Right, so, "Commerce" you say? Riveting. Naturally, like a glazed donut in a sugar factory, it’s behind a paywall. As if the headline wasn’t already beige enough.
Oh look, farmers. Angry farmers. Chuckles mirthlessly. Sounds about right. They’re probably fuming over the price of a tractor tyre ever since that fella Trump decided Brexit was a fantastic idea.
"Trade agreement with South America." Oh, the allure of a good old fashioned mercantilist bonanza. Imagine, lads: 780 million consumers, all clamouring for overpriced European cheese and questionable fashion.
Of course, someone’s gotta be the drama queen in this global marketplace tango, isn’t there? Enter France. They’re the only ones having a go at this South American shindig. Typical.
Let’s be honest, unless it involves berets, mime artists, or complaining about the price of croissants, the French just aren’t interested.
But seriously, they’re worried about the environment, the farmers, the… squints at notes "industrial fabric?" Sounds like someone’s been watching too much Marx.
That being said, if Trump resurrects himself like some sort of orange-tinted zombie, I wouldn’t be surprised if everyone starts grabbing onto any trade deal they can get their hands on.
It’s a funny old world, isn’t it? One minute you’re worried about global warming, the next you’re fighting over the right to sell cheap tractors to sweaty Argentinians.
And don’t even get me started on the Chinese. They’re just waiting in the wings with their chopsticks ready to scoop up whatever’s left.
Bloody hell. Commerce, eh? More like a circus designed by a Machiavellian accountant.
Maybe we should all just grow our own veg and wear burlap sacks. At least then we’d know where we stand.
Commerce
Article reserved for subscribers
Angry farmers fileObject of the farmers’ mobilization from Monday, the trade agreement with South America is, for the majority of European states, essential to the economic security of the EU, especially after the election of Donald Trump. France is the only big country to want to oppose it.
Will Trump 2.0 accelerate the signing of the free trade agreement between the European Union and Mercosur (Argentina, Bolivia, Brazil, Paraguay and Uruguay) which should create a vast commercial zone of 780 million inhabitants? ? The fear aroused by the imminent return to power of this isolationist Republican, who has promised to launch a trade war against Europe and China, pushes the Commission and the vast majority of Member States to want to conclude as quickly as possible. , even if this means going beyond France. Especially since China is only waiting for one thing, to take Europe’s place in a market in which it is increasingly present.
Already, the election of Trump 1.0 had given new vigor to these trade agreements whose hour of glory seemed to have passed. Thus, two years after the 2016 election, the Union finalized negotiations which had dragged on for almost ten years with Japan before entering into a series of agreements with Singapore, Vietnam and New Zealand. Today, Europe has the largest free trade system in the world, having concluded around forty treaties.
Part of public opinion, particularly in France, remains opposed to it, seeing it as a threat to agriculture, the environment and the industrial fabric. But American isolationism – which has not been denied during the presidency of Joe Biden, notably with the adoption of the Inflation Reduction Act aimed at accelerating the transition
What are the main economic arguments for and against the EU-Mercosur trade agreement?
## Interview with Trade Policy Analyst Dr. Sofia Ramirez
**Interviewer:** Dr. Ramirez, thank you for joining us today. We’ve been hearing a lot about this proposed EU-Mercosur trade agreement, and it seems public opinion is… divided, to say the least. How would you characterize the situation?
**Dr. Ramirez:** It’s certainly a complex picture. There’s a lot of excitement around the potential for increased trade and economic growth. After all, we’re talking about a deal between two major economic blocs with a combined market of over 800 million consumers. [[1](https://abcnews.go.com/International/wireStory/eu-mercosur-trade-agreement-matter-116227477)]
However, there are also legitimate concerns, particularly from certain sectors like agriculture, about the impact of increased competition. French farmers, for example, have been quite vocal in their opposition, citing worries about the potential for cheaper South American produce to undercut their market share.
**Interviewer:** You mentioned agriculture. There’s been some talk about the environmental impact of the deal as well. What are your thoughts on those concerns?
**Dr. Ramirez:** Environmental concerns are certainly valid and need to be addressed. Trade agreements can have both positive and negative environmental effects. On the one hand, they can promote the adoption of sustainable practices through things like environmental regulations and standards. On the other hand, they can also lead to increased deforestation and pollution if not carefully managed.
**Interviewer:** So, what does the future hold for this trade deal?
**Dr. Ramirez:** It’s a tough call. The deal has been in the works for over two decades and finally seems close to being finalized. However, with the strong opposition from some European countries like France, its fate remains uncertain. Whether or not it passes will likely depend on a delicate balancing act between the potential economic benefits and the concerns of various stakeholders, including farmers, consumers, and environmental advocates.
