Mercosur & EFTA finalize free-trade talks

The Mercosur bloc and the European Free Trade Association (EFTA), which includes Norway, Switzerland, Iceland, and Liechtenstein, have successfully finalized negotiations regarding a free-trade agreement. Foreign Minister Gerardo Werthein confirmed the news in a statement issued on Wednesday as the nation hosted the semi-annual Mercosur summit at the Palacio San Martín in Buenos Aires, stating … Read more

Argentina Blue Dollar

EU Set to Unveil Mercosur Trade Agreement Soon

An EU spokeswoman stated on Monday that the European Commission is set to present EU states with the final legal version of a trade deal with South American nations “in the coming days.” After twenty-five years of negotiations, Brussels finalized an agreement with Mercosur bloc members Argentina, Brazil, Paraguay, and Uruguay in December of the … Read more

Mercosur

The EU hopes former President Trump’s tariffs would spur Mercosur’s completion

The European Union is optimistic that the tariffs imposed by former President Trump may provide the necessary impetus to finalize the Mercosur trade agreement. The potential for a transatlantic trade war is igniting optimism in Europe, as prospects rise for a commerce agreement with four South American nations to receive final approval, overcoming persistent resistance from … Read more

Trump Tariff

Trump starts trade war by imposing large tariffs, including a 10% on imports from Argentina

Trump ignites a trade conflict by imposing significant tariffs, including a 10% levy on Argentina. US President Donald Trump has initiated a significant global trade conflict as he imposed a 10-percent tariff on imports from various countries, alongside imposing stringent additional levies on major trading partners. In a significant announcement from the White House Rose Garden, … Read more