What is the Mercosur Trade Deal? 🇪🇺 The Mercosur Trade Deal is an agreement between the EU and the Mercosur countries (Argentina, Brazil, Paraguay and Uruguay) designed to boost trade by reducing tariffs and opening up markets on both sides. Under the deal, the EU would remove tariffs on 92% of imports from Mercosur countries over the next decade. However, high-value goods like beef, pork, poultry and sugar will be subject to specific tariff rate quotas. As highlighted in the video, this deal
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