Published by Global Banking & Finance Review®
Posted on April 4, 2025
1 min readLast updated: January 24, 2026
Add as preferred source on GoogleThe EU sees a trade deal with Mercosur as a major opportunity due to US tariffs. France is leading discussions to diversify trade partnerships.
BRUSSELS (Reuters) - Striking a trade deal with Latin America's Mercosur bloc would be a "massive opportunity" for the European Union given uncertainties triggered by U.S. President Donald Trump's decision to introduce a new round of tariffs, an EU spokesperson said on Friday.
"We will be investing a lot of time and energy with member states to finalize the deal," he added.
Despite previous reservations, France held a meeting with 10 EU countries to discuss a possible trade deal with Latin America's Mercosur bloc on Thursday, signalling a will to diversify trade partnerships.
(Reporting by Benoit Van Overstraeten; Editing by Sudip Kar-Gupta)
The main topic is the EU's interest in a trade deal with Mercosur amid US tariffs.
The EU seeks to diversify trade partnerships due to uncertainties from US tariffs.
France held a meeting with 10 EU countries to discuss the Mercosur trade deal.
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