Report
Flávio Bolsonaro win could draw Brazil closer to the US and strain EU ties
POLITICO reports the EU-Mercosur trade deal is provisionally in force, but full approval remains on hold.
TLDR
POLITICO reports that Flávio Bolsonaro is challenging President Luiz Inácio Lula da Silva in Brazil’s election. A Bolsonaro victory could draw Brazil closer to the US and make the EU-Mercosur trade deal more politically contentious in Europe. The deal provisionally took effect in May, but full approval is on hold pending an EU court opinion. EU restrictions on Brazilian exports have also caused friction under Lula.
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