The European Union is forging a new strategic alliance with Latin America by Cecilia Malmström published by PIIE (11/2025).
The global trade wars prompted by President Donald Trump´s protectionist actions are leading to a revival of interest in trade agreements between regions outside the United States. Trade is now more geopolitical than ever. Case in point: After more than 25 years of negotiations, the European Union has finally concluded a trade agreement with the four countries of Mercosur (Argentina, Brazil, Paraguay, and Uruguay), establishing a free trade area covering almost 800 million people.
