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International Business Times
International Business Times
Business

South American Bloc Looks To Asia, Europe In Face Of Trump Trade War

Luiz Inacio Lula da Silva Mercosur European Union Javier Milei Asia Donald Trump South America Cristina Kirchner Argentina Brazil
Brazil's President Luiz Inacio Lula da Silva and Argentina's President Javier Milei pose for a photo at a Mercosur summit in Buenos Aires (Credit: AFP)

South America's Mercosur bloc sought Thursday to expand its markets in the face of US President Donald Trump's global trade war, with Brazil calling for closer ties with dynamic Asian economies.

"It's time for Mercosur to look toward Asia," President Luiz Inacio Lula da Silva said, extolling the potential benefits of deeper relations with Japan, China, South Korea, India, Vietnam and Indonesia.

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