France & Mercosur

France: France, led by Emmanuel Macron, opposed the trade deal due to concerns about its farmers being undercut by cheaper imports and environmental standards. This opposition caused a public rift with Germany.

Mercosur: Mercosur entered into a provisional trade deal with the European Union, which is expected to boost its exports, particularly in agribusiness, and create a large trans-Atlantic market. This agreement is seen as a response to unilateral tariffs and a reaffirmation of multilateralism.