{"id":57955,"date":"2025-04-28T16:57:09","date_gmt":"2025-04-28T16:57:09","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/57955\/"},"modified":"2025-04-28T16:57:09","modified_gmt":"2025-04-28T16:57:09","slug":"brazil-official-optimistic-for-eu-mercosur-deal-amid-us-tariff-war","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/57955\/","title":{"rendered":"Brazil official optimistic for EU-Mercosur deal amid US tariff war"},"content":{"rendered":"

\"\"ADVERTISEMENT<\/p>\n

Brazil is optimistic that the EU-Mercosur trade deal can be ratified despite some opposition, and believes the current US tariff situation will impel this, a leading Brazilian trade envoy has told Euronews.\u00a0<\/p>\n

\u201cWe are very optimistic especially now that US has raised tariffs across the world,\u201d Jorge Vian, head of ApexBrasil, Brazil’s Trade and Investment Promotion Agency, told Euronews, adding: \u201cWith the hostile environment that the world is facing right now we may collaborate to improve the implementation of the agreement.\u201d<\/p>\n

\"Close<\/p>\n

In December, the European Commission concluded a political agreement with the Mercosur countries – Argentina, Brazil, Paraguay and Uruguay – to establish one of the world’s biggest free trade zones, encompassing 750 million people and about one-fifth of the global economy.\u00a0The agreement now needs approval from EU countries before it enters into force.<\/p>\n

Some member states led by France have resisted the deal, however, citing concerns\u00a0over unfair competition that could result from Mercosur exports of agriproducts and environmental standards in Mercosur countries.<\/p>\n

“What we have now is an objective situation: the Trump administration is damaging free trade and multilateralism; there\u2019s a need to adjust for everybody,” said Jorge Vian, adding: “Europe exports\u00a0more than 600 billion dollars’\u00a0[worth of goods] to the US. If these exports suffer tariffs of around 20%, it will affect the life of agricultural producers, industrial producers and manufacturing sectors in Europe.\u201d<\/p>\n

Of French calls for so-called \u201cmirror clauses\u201d to be inserted into the agreement – designed to ensure that agricultural imports from Mercosur meet the same production standards applicable to EU farmers – he said that production conditions are too different to be mirrored.<\/p>\n

\u201cIn Brazil, you have a tropical-based production while in Europe it is a temperate-based production. These climatic structures are very different,\u201d Vian said.<\/p>\n

He said that although food production remained a sensitive issue, \u201cit can be solved with dialogue and cooperation\u201d.<\/p>\n

Brazil hopes to export not only critical raw materials, but also renewable energy to Europe.\u00a0In the industrial sector, Embraer, Brazil\u2019s aerospace giant, which already has a plant in Portugal, promised \u201cbillions of dollars of investment in Europe to produce components of aeroplanes,\u201d the official added.<\/p>\n

In the EU, advocates of the Mercosur agreement claim that the deal is necessary to counter Chinese influence in the region.<\/p>\n

\u201cObviously , the Chinese influence on all the continent is a reality,\u201d Vian said, but he added: \u201cEurope is a priority for us. China is Brazil\u2019s biggest trade partner not in term of quality but in term of quantity.<\/p>\n","protected":false},"excerpt":{"rendered":"ADVERTISEMENT Brazil is optimistic that the EU-Mercosur trade deal can be ratified despite some opposition, and believes the…\n","protected":false},"author":2,"featured_media":57956,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5174],"tags":[2106,2000,7221,299,5187,2557,28709,30388,22708],"class_list":{"0":"post-57955","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eu","8":"tag-brazil","9":"tag-eu","10":"tag-eu-policy","11":"tag-europe","12":"tag-european","13":"tag-european-commission","14":"tag-free-trade","15":"tag-lula-da-silva","16":"tag-mercosur"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114416651099473677","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/57955","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=57955"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/57955\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/57956"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=57955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=57955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=57955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}