EU Offers Concessions Following Tensions Over Mercosur Trade Deal

The European Commission is offering to suspend fertilizer carbon taxes to secure the Mercosur trade agreement after Italy signaled its support for the pact.Trade Commissioner Maroš Šefčovič and Agriculture Minister Francesco Lollobrigida discussed financial aid packages and regulatory relaxation for struggling farmers.President Emmanuel Macron remains a primary opponent of the deal as France implements bans on pesticide-treated imports amid domestic agricultural protests.