In Paraguay, EU leaders were confronted with a threat from Donald Trump, who promised to impose tariffs on countries that support Denmark against the US annexation of Greenland.
EU-Mercosur agreement is finally signed, but still has no date to come into force
Saturday, 17 January 2026RSS
Context & Explainers
Mercosur is the South American trade bloc (Southern Common Market) whose main founding members are Argentina, Brazil, Paraguay and Uruguay. An EU–Mercosur trade agreement — which the story says may be approved and signed soon — would reduce tariffs and open markets on both sides, affecting agricultural and industrial trade flows and therefore prices and business opportunities relevant to residents and companies in Portugal.
