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EU's Historic Trade Deal Sparks Controversy Among Farmers

1/18/2026

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Summary

Story summary

European and South American officials signed a free trade agreement on January 17, 2026, in Asunción, Paraguay.
The deal is the European Union’s largest ever, according to EU chief Ursula von der Leyen.
It aims to lower tariffs and boost EU-Mercosur trade for 700 million citizens.
Farmers in Europe, especially Ireland, oppose the deal, fearing more competition and environmental impacts.

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Story summary

European and South American officials signed a free trade agreement on January 17, 2026, in Asunción, Paraguay.
The deal is the European Union’s largest ever, according to EU chief Ursula von der Leyen.
It aims to lower tariffs and boost EU-Mercosur trade for 700 million citizens.
Farmers in Europe, especially Ireland, oppose the deal, fearing more competition and environmental impacts.