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Shining Light on Farm & Food Policy for 20 Years.
Friday, December 20, 2024
The European Union and the Mercosur countries have concluded negotiations on a long-anticipated trade deal that would cut tariffs and reduce trade barriers on a slate of agriculture products.
European farmers and ranchers offered their support as the EU signed pacts with Mexico, Japan, Singapore and South Korea, but they are raising alarms now over a massive deal with four South American countries that make up the Mercosur trade bloc.
U.S. wheat farmers continue to benefit from the ties between Brazilian President Jair Bolsonaro and U.S. President Donald Trump, which have only strengthened since the two first met at the White House last year.
U.S. and Chinese officials are already talking again, albeit long distance, to negotiate an end to a prolonged trade war. But farmers are losing patience as exports continue to suffer.
If the U.S. and Europe agree to discuss agricultural issues in their upcoming trade negotiations, geographical indications could prove a formidable obstacle to achieving success.