Will South America’s trade bloc collapse?

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With nearly 300 million people and the 5th largest economy, Mercosur aimed to be South America's EU, but challenges including a potentially hostile Argentine president, unilateral moves, and failed EU trade talks raise questions about its future.

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To be honest, France's "concerns" about the environmental impact of Mercosur are more of a pretext to protect its own agricultural economy.

abrakadaver
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Mercosur: Trade deal?

French farmers: Non.

inbb
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Australia has also been trying and failing to get a trade deal done with the EU for longer than 25 years. So maybe the problem aint Mercosur.

adtastic
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Fun fact: New Zealand is an observer state of Mercosur

fernsong
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The reason the deal is stalled to be clear is irish and the French governments fears over cheap beef imports

the-lobster-man
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It will never happen, since the French would rather starve their own people than allow their farmers to be a little bit sad.

PedroPedro-kp
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Mercosur feels like it needs more members to stop being basically an Argentina-Brazil agreement that drags everyone else along.

fernbedek
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We wanted an agreement with EU but seems that french farmers are not open to trade. I think the option it is to trade with asia and new markets

Gamma
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Im from Uruguay, the reason why we are looking for bilateral agreements outside of mercosur its becuase it has been basically useless to the uruguayan economy, we have the most expensive market in the entirety of the continent and desperately need cheaper products from developed countries like China, the US and the EU. And on top of that, the mercosur is not a free trade agreement at all, brazilians put big tariffs on uruguayan and argentinian beef, milk and soy, which is basically most of our PIB, in a couple of years we will be making more money trading with the chinese, than with all the members of the mercosur combined.

santiagocorrea
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The Problem with the Mercosur & EU deal is that FRANCE don't want it. Simply as that.

France agricultural lobby are blocking the deal, even though it would open a MASSIVE market for European Industrialized Products, which would give Europe a competition advantage towards China and the US.

dxd
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I was born in a brazilian city that is 60Km from Argentina, I know very well about this. Mercorur is, and always was, just a business deal. There is no free trade at all, there are limita and is mostly for companies, not people. In most cases you can't just go work in the other countries, and it blocks one country from making free trade deals by itself.
So, nothing big will change without it, as did not changed with it.

IuriFiedoruk
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The pesos shown in minute 03:25 are MXN or Mexican pesos, not Argentinian Pesos

enderan
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To answer the question, no. It's not gonna collapse. They're stronger together and they know that.

thecrakpt
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"...will only add to the block's challenges" **"I'VE BEEN USING HENSON'S PRODUCTS"**

JackBaker
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The team curiously avoiding to speak Uruguay president's name. Pronunciation challenge alert 😂

PABLOSEBASTIAN
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What we should remember with the EU, the project started out shortly after the second world war, there was a lot of good will in preventing a lot of the mistakes of the past and working closer together through integration, even then, European countries have not had an easy time of things and it's takes countless decades to get where we are at.

The mistakes I'm seeing with these other unions like the one in South America and the African Union is that they are rushing them together, worse yet, they are letting anyone in, regardless of status, especially the African Union, that doesn't encourage reforms and change for the members, the carrot and stick approach which the EU has been very successful with it over the decades, apart from recently with Hungary and Poland, which in the case of Hungary, the EU needs to get a lot tougher with them.

I think the other problem with the South American union is Brazil, you've got one country that's massive in comparison to the others, that creates an imbalance, the EU on the other hand have a mix of big and small countries, many of which keep each other in check, in the case of the South American union, Brazil rules the show.

pauluk
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When mentioned argentinian pesos the clip was of mexican pesos

JJBitter
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I personally believe the EU is missing a great opportunity to build a strong and comprehensive transatlantic partnership with LATAM, which is one of the most like-minded regions to the EU in the world. Instead of moving on from a stagnant economy dependent on costly subsidies towards a more dynamic and efficient state of affairs by collaboration with good-willing allies, they (France, Ireland) prefer to maintain some decadent sectors of their society satisfied so as to not shake the political order and the government's popularity. Good luck to the French in their delusive attempt to make Europe a respectable geopolitical player again while acting in this shameful way.

biaispravda
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3:27 I love how you talk about the Argentinian peso but show on screen Mexican pesos 😂

jamoncillo
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you showed a stock video of the mexican peso and not the argentinian one

emilomatosis