The Latest Breaking News from Mercosur

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.

The fate of a landmark trade deal with the European Union, which France is trying to block, looms large over a summit this week of South America's Mercosur bloc.

Brazil's President Luiz Inacio Lula da Silva called Wednesday for a trade deal between South America's Mercosur bloc and Japan to counter growing US protectionism.

French President Emmanuel Macron has reiterated his intention to block the EU-Mercosur trade agreement, arguing that it threatens French agriculture, undermines environmental standards, and creates unfair competition for European farmers.

Argentina's President Javier Milei said Thursday he would be willing to leave the South American Mercosur bloc if necessary to secure a coveted trade agreement with the United States.

French Emmanuel Macron's visit to Poland has put European support for Ukraine in the spotlight as potential troop deployments are tabled as efforts to secure a lasting ceasefire with Russia are ongoing. This follows a meeting with US president-elect Donald Trump and his Ukrainian counterpart Volodymyr Zelensky in Paris on…

Editorial: Ursula von der Leyen, the European Commission president, has taken a political risk in signing off an agreement with Latin American countries

Deal objected to by France will, if ratified, cut tariffs on trade with Argentina, Brazil, Paraguay and Uruguay

The European Union and South America's Mercosur trade bloc said Friday they had finalised a free trade agreement that has been decades in the making. But the deal faces a tortuous battle for approval in Europe given opposition from France and other member states.