JLW
Diamond Member
- Sep 16, 2012
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The European Union and the Mercosur bloc of South American countries formally signed a long-sought landmark free trade agreement on Saturday, capping more than a quarter-century of torturous negotiations to strengthen commercial ties in the face of rising protectionism and trade tensions around the world…
The signing ceremony in Paraguay’s capital, Asunción, marks a major geopolitical victory for the EU in an age of American tariffs and surging Chinese exports, expanding the bloc’s foothold in a resource-rich region increasingly contested by Washington and Beijing.
It also sends a message that South America keeps diverse trade and diplomatic relations even as U.S. President Donald Trump makes an aggressive push for geopolitical dominance across the Western Hemisphere….
European Commission President Ursula von der Leyen, who heads the EU’s executive branch, portrayed the deal as a bulwark against the disruptive policies of the Trump administration.
“It reflects a clear and deliberate choice: We choose fair trade over tariffs. We choose a productive long-term partnership over isolation,” von der Leyen declared in an veiled rebuke to Trump’s trade policies at the ceremony, which got underway as Trump announced 10% tariffs on eight European nations over their opposition to American control of Greenland.
apnews.com
This is a middle finger to Trump.
It is Europe now that seems to be taking the lead on the world stage as Trump’s America declines.
Trump is driving all our allies away and making this country weaker.
Only a matter of time before these nations line up to undermine the dollar as the world’s reserve currency.
China and Russia and everyone of our adversaries have gotta love Trump and his MAGA minions.
The signing ceremony in Paraguay’s capital, Asunción, marks a major geopolitical victory for the EU in an age of American tariffs and surging Chinese exports, expanding the bloc’s foothold in a resource-rich region increasingly contested by Washington and Beijing.
It also sends a message that South America keeps diverse trade and diplomatic relations even as U.S. President Donald Trump makes an aggressive push for geopolitical dominance across the Western Hemisphere….
European Commission President Ursula von der Leyen, who heads the EU’s executive branch, portrayed the deal as a bulwark against the disruptive policies of the Trump administration.
“It reflects a clear and deliberate choice: We choose fair trade over tariffs. We choose a productive long-term partnership over isolation,” von der Leyen declared in an veiled rebuke to Trump’s trade policies at the ceremony, which got underway as Trump announced 10% tariffs on eight European nations over their opposition to American control of Greenland.
European Union and Mercosur bloc of South American nations sign landmark free trade agreement
The European Union and the Mercosur bloc of South American countries have formally signed a long-sought landmark free trade agreement.
apnews.com
This is a middle finger to Trump.
It is Europe now that seems to be taking the lead on the world stage as Trump’s America declines.
Trump is driving all our allies away and making this country weaker.
Only a matter of time before these nations line up to undermine the dollar as the world’s reserve currency.
China and Russia and everyone of our adversaries have gotta love Trump and his MAGA minions.
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