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International Business Times
International Business Times
Science

EU Hopes Trump Tariffs Can Nudge Mercosur Deal Past Finish Line

France and its farmers, joined by other agricultural groups in Europe, oppose the EU-Mercosur trade deal and held protests (Credit: AFP)

The spectre of a transatlantic trade war is also fuelling hopes of a silver lining in Europe: that a commerce deal with four South American countries could get a final green light despite longstanding French opposition.

Forced to come to terms with the growing cracks in its biggest trading relationship, worth 1.6 trillion euros ($1.8 trillion), the EU believes it's time to chase opportunities elsewhere.

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