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Milei

August 20, 2026

Who would pay to leave Mercosur – and who would really lose

Nicolás E. Salvoni Tensions between Argentina and Brazil after Javier Milei's remarks warning Brussels not to 'restrict' the newly signed EU-Mercosur trade deal with safeguards have revived speculation about Mercosur's future. But Nicolás Salvoni explains why withdrawal remains unlikely. Here, he uses trade data to show why smaller economies – and Argentina's auto industry – would bear the sharpest costs, while Brazil's would be lower Read more

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