Home / Centerstage / 2025 / September / Week 3 /
Mercosur nations Argentina, Brazil, Paraguay, and Uruguay sign a free trade deal with Iceland, Liechtenstein, Norway, and Switzerland in Rio de Janeiro, creating a 300-million-people zone with a $4.3 trillion GDP. Brazil’s Foreign Minister stresses commitment to rules-based trade amid global protectionism, indirectly criticizing U.S. tariffs. The move follows President Trump’s 50% tariff on Brazil after ex-President Bolsonaro is convicted of attempting a coup and sentenced to 27 years.
Tuesday, 16 September, 2025