The mega trade deal that has French farmers in uproar

Published On Dec 18, 2024, 7:07 PM

A new trade deal between the EU and Mercosur nations (Argentina, Brazil, Paraguay, and Uruguay) is set to reduce tariffs and increase imports, impacting the agricultural sector in France. While proponents argue it offers economic benefits for European manufacturers, French farmers are concerned about competition from South American exports, particularly in agricultural products. French President Macron has indicated that the deal is unacceptable in its current form. The deal needs ratification by all 27 EU member states, with France planning to block it. Farmers' protests continue, voicing concerns about the future of their livelihoods and the depopulation of rural areas.