Asuncion (Paraguay) (AFP) – The South American trade bloc Mercosur and the European Union attend a ceremony in Asuncion during which they will sign a deal 25 years in the making to create one of the world’s largest free trade areas at a time of growing protectionism and volatility. The long-awaited agreement comes amid the sweeping use of tariffs and trade threats by US President Donald Trump’s administration, which has sent countries scrambling for new partnerships. IMAGES
