Europe has been holding off on a major trade deal it agreed to with several South American nations:

France and Germany split over the EU–Mercosur trade pact
21 May 2024
By Oliver Pieper – The free trade deal between the European Union and the South American trade bloc Mercosur could become the world’s largest agreement, involving a market of a total of 780 million people. But in late March, French President Emmanuel Macron not only described it as “a very bad agreement,” he even suggested it should be “left behind” and called for “a new agreement.” …
Weeks later, Macron’s words still resonate. The agreement between the EU and Argentina, Brazil, Paraguay and Uruguay, which was actually finalized five years ago, is still on hold. …
Now, the French head of state is worried Argentina, Brazil and Uruguay may flood the European Union with cheap meat — and that French farmers will again take to the barricades. Meanwhile, German industry is pushing for the agreement to be concluded — if necessary by a qualified majority, even without France.
Major chemical companies, such as BASF and Bayer, as well as the automotive industry, including Daimler and Volkswagen, see the deal as a great business opportunity. …
It has been suggested the European Union could invest in green injury, for which there is much potential in South America. But Marcela Cristini, a senior economist at Argentina’s Latin-American Research Economic Foundation, said the continued delay of the free-trade deal will hurt those ambitions, with China keeping a very close eye on the stalled talks.
Although Argentine President Javier Milei railed against China during his recent election campaign, saying he didn’t want to do business with communist countries, Cristini is convinced China would respond if Argentina came calling. In fact, 21 Latin American and Caribbean countries are keen to be part of China’s Belt and Road Initiative, a global trade and infrastructure project also known as the New Silk Road.
“The Mercosur countries are global traders, and China is one of the main buyers of agricultural and industrial products,” said Cristini. “That is not going to change. In the case of Mercosur, China is all of its members number One or Number Two trade partner.” https://en.mercopress.com/2024/05/21/france-and-germany-split-over-the-eu-mercosur-trade-pact

The deal between the European Union and the Mercosur block is a big deal. Germany wants it as soon as possible.

Furthermore, the EU does not want China to move in more–it wants the deal.

Some have hinted that France and others in the EU will warm up more towards the South American trade deal after the EU elections:

EU-Mercosur: No agreement before European elections
The biggest free-trade zone in the world will not come into being before the EU elections in early June. …
20 May 2024
French President Emmanuel Macron … likely doesn’t want to give right-wing populist parties like Marine Le Pen’s National Rally any free ammunition for their campaign ahead of the EU elections in June. He wouldn’t want to get French farmers any more annoyed; their protests have already brought the country to a standstill for weeks. …
In Brussels, negotiators have remained notably calm despite the delay. “The EU-Mercosur teams remain in contact on a technical level to resolve the outstanding issues,” said Olof Gill, a trade and agriculture spokesperson for the European Commission. The EU continues to focus on ensuring that the agreement meets the EU’s sustainability goals while also taking the EU’s sensitivities in the agricultural sector into account.” …
France’s Macron is the last hope for those who are fundamentally opposed to the free-trade agreement. Environmental and human rights organizations in Europe and South America have been fighting the plans for years. A brief remark by the French president, in which he suggested negotiating a new treaty that “takes into account development, climate and biodiversity,” made them sit up and take note. https://www.dw.com/en/eu-mercosur-no-agreement-before-european-elections/a-69123817

As reported here before, EU Commission President Ursula von der Leyen visited South America last year. She, and the EU, want nations there to be part of its ‘Global Gateway’ project–which is the EU’s counter to the Chinese Silk Road project, plus she wants South America to improve trade with the EU (see Ursula von der Leyen making trade deals in Latin America). The EU has wanted the Mercosur group of Latin American nations to make a large trade deal for some time (see EU looking to make world’s biggest trade deal with South America). In September of 2023, she mentioned that the EU wants to finalize related deals with the Mercosur block (see Europe touts Global Gateway and bold plans for the future).

Now, Brazil is in both Mercosur and BRICS (the B in BRICS stands for Brazil). And although that is an alliance with Russia and China, Brazil is expected to line up its trade with the Europeans as well, at least for a time.

To help encourage Argentina to align with Europe, the EU signed a deal this past July where it called the UK-controlled Falkland Islands the Malvinas, which is the term Argentina uses as it claims those islands as its own (see ZH: EU Signs Deal With Argentina Calling Falklands “Malvinas Islands”). Related to that, we put out the following video: Falkland Islands and Prophecy?

The EU attempting to expand trade was number 8 in my list of . Here are some excerpts:

8. Trade
Not all warfare is militaristic. There is also economic warfare.
This often involves trade.
The major use of sanctions, mainly pushed by the USA, has been continuing.
This is affecting trade and pushing trade away from the USA. But also encouraging the Anglo-nations to try to increase trade with each other.
Back in 2008, I posted the following:
In the spirit of accommodation and personal interest, many of the “standards” of the European Union will be adopted by the USA, Canada and Mexico, as well as by nearly all of the countries of the world. The Arab nations will most likely agree with many of the standards as they seem to be destined to form a brief end-time alliance with the Europeans (The Arab World In the Bible, History, and Prophecy).
However, over time, it will become increasingly clear that the British will be in more agreement with the Canadians and Americans and that the European Union in more agreement with the Mexicans than the EU will have with the English-speaking nations.
Trade wars and/or serious trade disputes will most likely arise.
The Brits will ultimately decide that they are more supportive of the Americans and Canadians. They will be so much more supportive that they will end up in a trading agreement with them (with the Australians and New Zealanders probably also becoming part of that agreement).
The EU will decide that Mexico and the rest of Latin America are in more agreement with it and thus make some type of serious trading agreement with most (or all) of Latin America. The Vatican will also have influence here as Latin America is highly Roman Catholic.
The Europeans and Americans, however, will continue to have military agreements, though many will be tense about them. (Thiel B. A Combined EU & North American Trade Block Coming? COGwriter.com, March 3, 2008)
Since the above was posted, the Europeans and Americans continue to have military agreements, the UK essentially reduced its trade from the rest of Europe because of Brexit, today we see a UK-NZ trade deal, the EU has made trade deals with Mexico and Latin America (see EU’s Juncker essentially verified accuracy of 2008 COGwriter prediction on trade), the USA made a new trade deal with Canada (see Brexit: ‘The end is nigh’ and Donald Trump signs Canada-Mexico trade deal), the UK and EU continue to have trade friction (see DW: EU-UK trade war looming as Northern Ireland Protocol tensions hit boiling point), and the EU has continued to push its standards (which is one of the reasons there is an issue related to Brexit and Northern Ireland). In 2021, the UK made deals with New Zealand (see CNN: New Zealand and the United Kingdom reach free trade deal) and Australia (see UK & Australia make trade deals, so?). And the USA made a special deal with the UK and Australia (see AUKUS alliance; EU wants its own stronger military).
Expect the USA, UK, Canada, Australia, and New Zealand to try to increase trade with each other.
And Europe?
In 2018, I wrote:
The Europeans have been working with Latin America, China, Russia’s Eurasian Union, and other areas of the world to try to set up its dominance of world trade as well as standards for world trade. (19 items to prophetically watch in 2019)
Such deals have been happening.
Europe will reach out to various ones in Asia and Africa, as well as Latin America. In the next several years, deals and more trade will occur with Africa, Asia, and Latin America. …
Europe will work on getting more of the world to accept its standards and trading matters. This will help Europe ultimately dominate trade.
For a time, Babylon will dominate world trade:
2 And he cried mightily with a loud voice, saying, “Babylon the great is fallen, is fallen, and has become a dwelling place of demons, a prison for every foul spirit, and a cage for every unclean and hated bird! 3 For all the nations have drunk of the wine of the wrath of her fornication, the kings of the earth have committed fornication with her, and the merchants of the earth have become rich through the abundance of her luxury.” (Revelation 18:2-3).
While ‘Babylon’ will not fully reign in 2024, with the USA pulling out of trade deals and/or wishing to change them, steps are occurring that are pushing Europe to dominate trade (watch Trade Wars: Are COG warnings coming to pass?).
The final time of the Gentiles is approaching. We are seeing BRICS, the Global South, the EU, and others working on ways to trade and not have to deal with the descendants of Ephraim (UK, Canada, Australia, and New Zealand) and Manasseh (the USA).
The Europeans will work with many nations to secure stronger trade agreements.

The EU parliamentary elections are coming up. After that, we may see more efforts from the EU to secure more trade with Mercosur and others in Latin America.

As far as what is ahead for Latin America, including those in Mercosor, we put out the following sermon videos:

1:11:42
Latin America in Prophecy
Which biblical figures did the Latin Americans descend from? What does the Bible teach will happen to their descendants in the future? What will happen to the non-Latin peoples in Central America, South America, and the Caribbean? Is Europe in the process of making major trade deals with Latin America? What kind of religious, legal, and cultural ties are there between Europe and Latin America? What about Argentina, Bolivia, Brazil, Chile, Columbia, Ecuador, Paraguay, Peru, Uruguay, and Venezuela in prophecy? What about Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama? What about islands like Cuba, Puerto Rico, and the Dominican Republic? How about the non-Latin lands like Belize, Guyana, Suriname, and French Guiana? Plus, the non-Latin island nations like Jamaica, Barbados, the Bahamas, Martinique, etc.? Does the Bible tell of specific items of trade between Europe and Latin America in Ezekiel 27 and Revelation 18? What about the impact of US President Donald Trump? Is it possible that Mexico or others in Latin America could work militarily with the coming European Beast power to attack the USA? Will the nations of Mexico, South America, Central America, and the Caribbean prosper during the time of the Great Tribulation and Mystery Babylon the Great? What happens during the Day of the Lord? Will people in Latin America respond to God’s calling before Jesus returns? What happens after Mystery Babylon falls? Does God have any plans to offer salvation to Latin Americans who never had an opportunity? What is available at www.cdlidd.es and www.ccog.org? What are some of the near-term and longer-term prophecies that will affect Latin America? Dr. Thiel addresses these issues and more.

Here is a link to the sermon: Latin America in Prophecy.

1:14:39
Asia, Islands, Latin America, Africa, and Armageddon
The New Testament is clear that race and ancestry are not salvation issues as there will be people from all nations and tongues in the Kingdom of God. After going over that Dr. Thiel discusses the biblical origins and progenitors of the peoples in the Middle East, Africa, Asia, Micronesia, Latin America, and the Caribbean. What about the Arabs, Iran, Syria, and Israel? What about the Valley of Vision? Do end time Islamic prophecies for an Imam Mahdi seem to be related to biblical ones related to the coming King of the South? Are Muslims looking for Europeans to make a seven-year peace deal that will be broken? Do Muslims teach Jesus will returns? Will we see terrorism? What about the destruction of the USA and its British-descended allies? What about a confederation of nations in the Middle East and North Africa? Is a Russian-led force prophesied to cause the end-time European daughter of Babylon to tremble? Do Chinese/Japanese characters suggest knowledge of some events shown in the Book of Genesis? Will China, India, and others in Asia be part of the 200 million-man army and the gathering at Armageddon? What will happen to those on islands? Will much of the world temporarily prosper during the final time of the Gentiles? Dr. Thiel deals with these matters in this sermon.

Here is a link to the sermon: Asia, Islands, Latin America, Africa, and Armageddon.

Related Items:

Mexico, Central America, South America, Brazil, and the Caribbean in Prophecy [Español: México, América central, Suramérica, Brasil y el Caribe en la profecía] [Português: México, América Central, Ámérica do Sul, e Brasil na profecia] What will happen to those of Latin America? Will they have prosperity? Will they cooperate with Europe? Will they suffer in the future? What role might the various Caribbean nations/territories play? Two videos of related interest are available: Will Mexico Regain USA Territories? and: Latin America in Prophecy.

Europa, the Beast, and Revelation Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about “the Beast”? Is an emerging European power “the daughter of Babylon”? What is ahead for Europe? Here is are links to related videos: European history and the Bible, Europe In Prophecy, and Can You Prove that the Beast to Come is European? See also EU’s Global Gateway, Trade, and War?

Lost Tribes and Prophecies: What will happen to Australia, the British Isles, Canada, Europe, New Zealand and the United States of America? Where did those people come from? Can you totally rely on DNA? What about other peoples? Do you really know what will happen to Europe and the English-speaking peoples? What about Africa, Asia, South America, and the Islands? This free online book provides scriptural, scientific, historical references, and commentary to address those matters. Here are links to related sermons: Lost tribes, the Bible, and DNA; Lost tribes, prophecies, and identifications; 11 Tribes, 144,000, and Multitudes; Israel, Jeremiah, Tea Tephi, and British Royalty; Gentile European Beast; Royal Succession, Samaria, and Prophecies; Asia, Islands, Latin America, Africa, and Armageddon; When Will the End of the Age Come?; Rise of the Prophesied King of the North; Christian Persecution from the Beast; WWIII and the Coming New World Order; and Woes, WWIV, and the Good News of the Kingdom of God.