SAO PAULO (AP) — French President Emmanuel Macron told Brazilian executives on Wednesday that a proposed deal between the European Union and the South American trade bloc Mercosur is bad for both parties.
Speaking at a forum in Sao Paulo, Macron said the Mercosur-EU deal is outdated and needs reworking to take climate change into account. His comments reinforced his opposition, which has been the most outspoken among European leaders.
“The trade deal with Mercosur as it is being negotiated now is a terrible deal. For you and for us,” Macron said, according to the translation into Portuguese by Sao Paulo’s Industry Federation, whose headquarters held the event. “It
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