#eu-mercosur-trade-deal

#eu-mercosur-trade-deal

The European Commission, which concluded negotiations a year ago, and countries such as Germany and Spain argue it is a vital part of an EU push to unlock new markets to offset business lost from U.S. tariffs and to reduce reliance on China by securing access to critical minerals. Opponents led by France, the European Union's largest agricultural producer, say the agreement will jack up imports of cheap food products, including beef, poultry and sugar, undercutting domestic farmers.

The European Commission, which concluded negotiations a year ago, and countries such as Germany and Spain argue it is a vital part of an EU push to unlock new markets to offset business lost from U.S. tariffs and to reduce reliance on China by securing access to critical minerals. Opponents led by France, the European Union's largest agricultural producer, say the agreement will jack up imports of cheap food products, including beef, poultry and sugar, undercutting domestic farmers.

French farmers have blocked roads around the Eiffel Tower and Arc de Triomphe with their tractors in protest at an imminent EU trade deal with South American countries that they say will create unfair competition. The farmers blockaded motorways outside Paris on Thursday and dozens of tractors overran police checkpoints to reach the city centre in a pre-dawn protest organised by the Coordination Rurale union against the planned trade accord.

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