Donald Trump’s trade officials have accused the EU of seeking a “monopoly” on meats and cheeses in South America through a new trade deal with Mercosur, which will cut tariffs for a market of 700 million people. US officials argue the agreement restricts American farmers from selling products with geographical ties, potentially locking them out of the market. The deal, backed by European member states despite farmer opposition, is seen as a strategic move by the EU to counter Trump’s protectionist policies. European Commission president Ursula von der Leyen emphasized the EU’s commitment to fostering relationships with Latin America amidst rising trade tensions with the US.
Want More Context? 🔎
Loading PerspectiveSplit analysis...
