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EU and Mercosur countries sign landmark free trade deal

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Re: EU and Mercosur countries sign landmark free trade deal

#31

Post by oytis »

iagooar wrote: post #15
oytis wrote: post #3

I'm surprised Trump didn't threaten involved parties with tariffs or military action over that yet. As a European, very happy about that happening, for multiple reasons. It's a shame it took so long

The multiple reasons being exactly? In my opinion it is a net negative for all countries in Europe, but one.

Most importantly, Europe needs more trading partners after having lost Russia and now losing the United States. Second, I am happy about German (I suspect it's similar in other EU countries) farmers largely supporting the far-right getting a taste of a world without protectionism and regulations. Finally, I hope for lower grocery prices, not only for myself, but also because it makes the whole social situation less explosive.

Re: EU and Mercosur countries sign landmark free trade deal

#32

Post by lm28469 »

dtech wrote: post #16
iagooar wrote: post #12

This is a bad deal for many European countries that still have a strong farming industry, and for Europeans in general too. Once again, Germany has pushed through its interests at the expense of other European nations like Poland. This time even France was against it. What is Germany going to get? A new market for their decaying automobile industry. What is the rest of Europe going to get? Cheap, low quality food shi…

This is an incredibly mid take. This is a boon for any European manufacturing and tech company. Not "just" German car manufacturers but especially machining and pharmaceutical companies. Farming is already incredibly subsidized in the EU, and has an outsized political capital for their importance based on historical momentum. This is also primarily bad for the beef industry, which is produced in the EU using very int…

Amazing, we sell them our gadgets and in return we get growth hormone beef and other agricultural products which don't even meet 1980s EU regulations, big win indeed

God forbid we subsidize food too, it's only like the #1 priority when it comes to sovereignty after all, we should definitely not produce locally and rely on foreign countries for our food autonomy

Re: EU and Mercosur countries sign landmark free trade deal

#33

Post by ivan_gammel »

iagooar wrote: post #21
dtech wrote: post #16

Earlier quoted context omitted.

This is an incredibly mid take. This is a boon for any European manufacturing and tech company. Not "just" German car manufacturers but especially machining and pharmaceutical companies. Farming is already incredibly subsidized in the EU, and has an outsized political capital for their importance based on historical momentum. This is also primarily bad for the beef industry, which is produced in the EU using very int…

> Farming is already incredibly subsidized in the EU As it should be if we don't want to wake up one fine day in the middle of a global war with no food supply because of a naval blockade and have our children starve to death.

This kind of incentive should not block trade. If we need sufficient production capacity for security reasons, it’s ok to subsidize it, but the product should still compete on the market and surplus can always be donated to UN. There’s enough starving people on this planet.

Re: EU and Mercosur countries sign landmark free trade deal

#34

Post by iagooar »

raverbashing wrote: post #24
iagooar wrote: post #12

This is a bad deal for many European countries that still have a strong farming industry, and for Europeans in general too. Once again, Germany has pushed through its interests at the expense of other European nations like Poland. This time even France was against it. What is Germany going to get? A new market for their decaying automobile industry. What is the rest of Europe going to get? Cheap, low quality food shi…

Farmers like to complain and always get new privileges with every protest I for once are happy they are getting a reality check for once

I hope you won't get a reality check if one day there is a famine in Europe caused by outsourcing the entire farming to other continents. The very first thing any enemy force would do is a naval blockade, the rest is patience and lots of deaths.

Re: EU and Mercosur countries sign landmark free trade deal

#35

Post by AdrianB1 »

throw789 wrote: post #22
iagooar wrote: post #12

This is a bad deal for many European countries that still have a strong farming industry, and for Europeans in general too. Once again, Germany has pushed through its interests at the expense of other European nations like Poland. This time even France was against it. What is Germany going to get? A new market for their decaying automobile industry. What is the rest of Europe going to get? Cheap, low quality food shi…

Is it fair for Europe to colonize north america, Australia, canada, New Zealand and dumping what's produced there on other countries?

Is it fair to put an entire continent in a position where it does not belong? If I recall correctly Australia and New Zealand were mostly colonized by the British Empire, not by "Europe", Canada by UK and France, US by Western Europe, etc. Europe is a continent, not a country, and Europe did not colonize anything, some countries did.

Re: EU and Mercosur countries sign landmark free trade deal

#36

Post by mytailorisrich »

dtech wrote: post #16
iagooar wrote: post #12

This is a bad deal for many European countries that still have a strong farming industry, and for Europeans in general too. Once again, Germany has pushed through its interests at the expense of other European nations like Poland. This time even France was against it. What is Germany going to get? A new market for their decaying automobile industry. What is the rest of Europe going to get? Cheap, low quality food shi…

This is an incredibly mid take. This is a boon for any European manufacturing and tech company. Not "just" German car manufacturers but especially machining and pharmaceutical companies. Farming is already incredibly subsidized in the EU, and has an outsized political capital for their importance based on historical momentum. This is also primarily bad for the beef industry, which is produced in the EU using very int…

Restricting the analysis purely to economics is a big mistake, imho, like it was during the Brexit referendum in the UK.

Even in France agriculture is a very small percentage of the GDP and jobs. But what has happened is a demonstration of the loss of sovereignty with the EU effectively imposing something against the wish of the country. So the significance is political, and we'll see if that has tangible political effects or not.

Re: EU and Mercosur countries sign landmark free trade deal

#37

Post by kledru »

iagooar wrote: post #12

This is a bad deal for many European countries that still have a strong farming industry, and for Europeans in general too. Once again, Germany has pushed through its interests at the expense of other European nations like Poland. This time even France was against it. What is Germany going to get? A new market for their decaying automobile industry. What is the rest of Europe going to get? Cheap, low quality food shi…

Isn't it geopolitics over economics, future-building when preexisting relationships are increasingly unreliable?

"paying a premium to have options in multiple possible futures"

Re: EU and Mercosur countries sign landmark free trade deal

#38

Post by toyg »

iagooar wrote: post #21
dtech wrote: post #16

Earlier quoted context omitted.

This is an incredibly mid take. This is a boon for any European manufacturing and tech company. Not "just" German car manufacturers but especially machining and pharmaceutical companies. Farming is already incredibly subsidized in the EU, and has an outsized political capital for their importance based on historical momentum. This is also primarily bad for the beef industry, which is produced in the EU using very int…

> Farming is already incredibly subsidized in the EU As it should be if we don't want to wake up one fine day in the middle of a global war with no food supply because of a naval blockade and have our children starve to death.

Most of Europe has long reached a population density that makes it effectively impossible to achieve self-sufficiency, so this argument is pointless.

This is going to be a good agreement if it is policed well enough that Mercosur countries are effectively forced to raise their food-production standards (because accepting imports doesn't automatically mean they can ignore regulations on suitability). Europe gets cheaper basic staples and sells LATAM more services and value-added products.

I'd rather help our Latin "cousins" get out of poverty, than having to deal with the insanity of US culture wars.

Re: EU and Mercosur countries sign landmark free trade deal

#39

Post by [deleted] »

iagooar wrote: post #21
dtech wrote: post #16

Earlier quoted context omitted.

This is an incredibly mid take. This is a boon for any European manufacturing and tech company. Not "just" German car manufacturers but especially machining and pharmaceutical companies. Farming is already incredibly subsidized in the EU, and has an outsized political capital for their importance based on historical momentum. This is also primarily bad for the beef industry, which is produced in the EU using very int…

> Farming is already incredibly subsidized in the EU As it should be if we don't want to wake up one fine day in the middle of a global war with no food supply because of a naval blockade and have our children starve to death.

[deleted]

Re: EU and Mercosur countries sign landmark free trade deal

#40

Post by lukan »

iagooar wrote: post #12

This is a bad deal for many European countries that still have a strong farming industry, and for Europeans in general too. Once again, Germany has pushed through its interests at the expense of other European nations like Poland. This time even France was against it. What is Germany going to get? A new market for their decaying automobile industry. What is the rest of Europe going to get? Cheap, low quality food shi…

As far as I know, there is a limitation to how much food is shipped and tied to a percentage of EU farming. So no, the european market will not be flooded.
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