EU postponed the signing of a trade agreement with Mercosur until January

notes. European Commission President Ursula von der Leyen said on Friday that she was confident that the postponement would give negotiators time to find a compromise. She called the agreement “extremely important for Europe — economically, diplomatically and geopolitically.” The free trade agreement aims to increase trade between the South American and European economic blocs, but some large EU countries view it critically. Supporters of the agreement include Germany, Spain and the countries of Northern Europe. They argue that it will boost exports hit by US tariffs and reduce dependence on Beijing. However, critics, ...