
European Central Bank (ECB) President Christine Lagarde said on Sunday at the Munich Security Conference that a shift in US President Donald Trump’s stance toward Europe has acted as a political jolt, pushing European leaders into closer coordination.
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Argentina became the first Mercosur country to secure an initial legislative green light for the trade agreement with the European Union, after the Chamber of Deputies approved the text late on Thursday. The bloc also includes Brazil, Uruguay and Paraguay, which have launched their own domestic ratification processes.
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Thousands of farmers and ranchers, alongside hundreds of tractors, rallied in central Madrid on Wednesday to protest expected cuts in the next Common Agricultural Policy (CAP) and to denounce the European Union’s trade agreement with Mercosur, according to organisers and authorities.
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Seven sitting heads of government and one president-elect from Latin America and the Caribbean shared the stage in Panama on Wednesday to call for deeper regional integration, an increasingly rare show of cross-ideological alignment in a polarized region. The message was delivered at the International Economic Forum Latin America and the Caribbean, backed by CAF and designed as a high-level convening point for governments, business leaders and multilaterals.

New Delhi and Brussels announced on Tuesday that they had concluded the largest bilateral trade deal in their histories after almost two decades of negotiations. The pact links India’s 1.4 billion-person economy with the 27-nation European Union and, according to both sides, will create a free-trade zone for around 2 billion consumers and sharply lower tariffs and other barriers that have long hindered commerce between the two regions.

Brazil has positioned itself as a strategic player in the global competition for critical minerals such as graphite, nickel, and niobium, which are essential for clean energy technologies, batteries, and defense systems. Both the United States and the European Union have stepped up diplomatic and commercial engagement with Brasília to secure supply deals and cooperation in value chains considered vital for the energy transition and industrial security.

The European Union and Ecuador have concluded negotiations on a Sustainable Investment Facilitation Agreement (SIFA), in what Brussels is portraying as the bloc’s first such deal with a Latin American country, according to an EFE report on Friday.

European Commission President Ursula von der Leyen said the European Union is prepared to provisionally implement the EU–Mercosur trade agreement as soon as Mercosur countries begin completing their ratification procedures, seeking to reassure partners after a European Parliament vote injected fresh uncertainty into the bloc’s approval track.

The European Parliament voted on Wednesday to freeze its approval track for the EU-Mercosur trade agreement and request a legal opinion from the Court of Justice of the European Union (CJEU) on whether the deal is compatible with EU treaties. The motion passed by a razor-thin margin —334 in favour, 324 against, with 11 abstentions— injecting new uncertainty into a pact that the two blocs had only just signed in Asunción after a quarter-century of negotiations.

French President Emmanuel Macron told the World Economic Forum in Davos on Tuesday that the world is drifting toward a “world without rules,” where the law of “the strongest” prevails—remarks delivered against the backdrop of a deepening transatlantic dispute over Donald Trump’s push to secure control of Greenland and his fresh tariff threats.