Latest news and stories about trade deal in Portugal for expats and residents.
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EU lawmakers say a proposed EU–US trade pact—intended to shield European exporters from heavy duties—is effectively on hold after the US announced tariffs on eight European countries in response to their opposition to Washington’s actions regarding Greenland. EU ambassadors have been summoned to an extraordinary meeting to discuss the diplomatic fallout and next steps, underscoring how escalating US threats risk derailing broader trade cooperation and raising the prospect of a wider economic and political rift.
The Portuguese Industrial Association says the agreement signed this Saturday strengthens the European Union's external standing and could open a new cycle of growth and competitiveness for the national industry.

The agreement will finally be signed this weekend. The European Union and Mercosur are finalising a free-trade area covering more than 700 million consumers. Portugal has products poised to enter this market.

Brazilian president will miss the ceremony in Paraguay as the long-delayed trade pact moves into the ratification phase in Europe.
The President of the European Council says that, in a trade agreement of this magnitude, 'it is evident that in some cases it is better for some, in other cases it is better for others'.

The President of the European Council refers to criticism from some agricultural sectors in Europe. Also, Donald Trump says the United States are in talks with NATO about acquiring Greenland.

Beef, rice, sugar and honey will be the most penalised. Farmers fear 'unfair competition' and are calling for enforcement of the safeguard clauses.

03:00 — The European Union and Mercosur have signed an agreement.

The Portuguese government says this is a 'great opportunity' for products such as wine, olive oil and cheese.

Shifts in geopolitical dynamics involving China and the United States are seen as encouraging the finalisation of the agreement.
The Portuguese government presents the EU–Mercosur deal as an opportunity, while agricultural producers warn Brussels to act with caution because of potential effects on local farming and markets.

The Brazilian President will receive on Friday the presidents of the European Council and the European Commission, on the eve of the signing of the agreement between the European Union and Mercosur, which is expected to increase Brazil's GDP by €6 billion by 2044. The meeting between António Costa and Ursula von der Leyen and Lula da Silva, one of ...

"That would be the end,” said one lawmaker as Spanish peers go silent.
Algarve farmers are raising the alarm over the European Union-Mercosul trade deal, warning that it would hit Portuguese agriculture hard and have “severe” impacts on “vulnerable” regions like the Algarve. The post Algarve farmers oppose EU-Mercosul deal appeared first on Portugal Resident.

CAP warns the EU-Mercosur deal will have a notable impact on sectors including wine and olive oil.

The President of the European Commission, Ursula von der Leyen, will sign the free trade agreement with Mercosur on Saturday, 17 January, the European Union (EU) confirmed. The EU on Friday gave the green light for the advancement of this important trade deal with the South American bloc, despite opposition from several countries, notably France, Hungary and Poland...

The President of the European Commission, who will travel to New Delhi at the end of January for the EU–India summit, wants to finalise the trade agreement between the two blocs there.

European Commission President Ursula von der Leyen intends to conclude a trade agreement with India during a visit to New Delhi at the end of the month.

Brazil's Ministry of Foreign Affairs welcomed the European approval of the Mercosur–European Union agreement, which will create one of the largest free trade zones in the world.

EU countries provisionally approved on Friday the free trade agreement between the EU and Mercosur (Southern Common Market) - it is the largest trade deal ever signed by Brussels in terms of tariff reductions. This will affect our lives, but it is creating controversy in some countries, notably France.

Of the more than 350 EU food and drink products whose rules of origin and geographical indications will have to be recognised in Mercosur, 36 are Portuguese protected designations.

POLITICO analyzes who is uncorking the Malbec — and who is crying into their Bordeaux (cough, Emmanuel Macron, cough).

The trade agreement between the European Union (EU) and Mercosur is expected to be formally approved at 17:00 (16:00 Lisbon time) upon conclusion of the written procedure, a European source told Lusa, and could be signed on the 12th in Paraguay. In an initial vote by the ambassadors of the Member States to the EU (Coreper), the proposal passed, despite the votes ...

With the Italian veto lifted, the process now moves to the formal signing stage, with no sign of any change in voting intentions.

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