The European Union and the Mercosur bloc of South American countries have formally signed a long-sought landmark free trade agreement.

Uruguay, Argentina, Paraguay and Brazil are moving forward with internal ratification processes for the trade agreement between Mercosur and EU.

The European Parliament has decided to have the contested EU free trade agreement with four countries from the Latin American Mercosur bloc reviewed by the European Court of Justice (ECJ). At a vote on Wednesday,

By Helen Reid LONDON, Jan 26 (Reuters) - The number of low-value ecommerce parcels entering the European Union increased to 5.8 billion in 2025, a 26% rise from the previous year, the European Commission said on Monday as the bloc plans to impose fees on the cheap products currently imported duty-free.

Endorsed as “the mother of all deals", India and the European Union are all set to sign the long-awaited free trade agreement during the EU-India summit, which will be hosted by Prime Minister Narendra Modi in New Delhi on Tuesday ().

The 27-nation bloc struck a trade deal with Trump in July.

Following President Trump's tariff threat over lack of support for U.S. control of Greenland, the European Union paused its approval of a U.S. trade deal from last summer. NBC News' Keir Simmons details what the move means for American relations with major allies.

The pause of a trade pact between the EU and Mercosur exposes deep internal divisions within Europe over agriculture and trade liberalization.