Episode Details

Trump’s steel tariffs may have accidentally sparked a global trade revolution—pushing Europe and South America together in a historic deal that could finally open European markets to Brazil’s beloved cachaça. Fueled by mutual frustration with U.S. trade policies, the EU and Mercosur are now forging deeper economic ties, while also pledging to uphold democracy and climate commitments as the U.S. retreats from global leadership. But challenges remain: European farmers worry about cheaper imports, and the agreement’s future hangs in the balance with pending EU court review. And it’s not just the EU—Mercosur is also eyeing deals with Canada, Japan, and the UAE, signaling a permanent shift toward a more outward-looking, trade-driven South America.

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