The European Union is making a big move. They are about to sign a major trade agreement with South American countries. This deal is a big step. It creates the world's largest free-trade zone. But why now? The EU has been talking about this deal for over 25 years. But things are different now. The U
In a significant move, the European Union and the Mercosur group of South American nations have finally signed a free trade agreement. This deal has been in the works for over 25 years. It aims to boost trade between the two regions. The signing took place in Asunción, Paraguay. This event is seen a
A big trade deal just happened. The European Union and four countries from South America have agreed to work together. This deal will create a huge free-trade zone. It includes over 700 million people. This is a big step for both regions. The European Union had some disagreements. But they managed
The EU is trying to get all its member countries to agree on a trade deal with Mercosur. This deal has been in the works for 25 years and is supposed to be a big win for exports. But not everyone is on board yet. Italy and France are the main holdouts. They have concerns about cheap beef and sugar
Free Trade Zones (FTZs) are like special zones where businesses get extra perks to trade globally. A recent study looked at companies listed on the Shanghai and Shenzhen stock exchanges from 2009 to 2022. It found that FTZs really help businesses expand internationally. The study used a method call
The announcement of new tariffs on April 2, 2025, marked a significant turning point in U. S. trade policy. President Trump, flanked by union workers, declared this day as a moment of liberation from the free-trade agreements that had long been hailed as economic saviors. These tariffs are not minor
Tariffs can really slow down economic growth, making a country less rich than it could be. Free trade helps boost wealth by letting nations make things they're best at. The U. S. excels at making advanced planes, like those from Boeing, and high-tech chips, like ones made by Nvidia. Plus, it's cheap
