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

European Union ambassadors reached a broad agreement on Sunday to intensify efforts to dissuade US President Donald Trump from imposing tariffs on European allies, while also preparing retaliatory measures should the duties go ahead,

European Defense Commissioner Andrius Kubilius observed that the United States had one army, not 50—and was far stronger for it.

South American and European Union officials on Saturday signed a major trade deal, which they hailed as sending a powerful message at a time of tariff threats, global uncertainty and protectionism.

Combined, the deal’s partners encompass more than 700 million people and a global economic footprint exceeding $25 trillion in GDP.

The European Union plans to impose minimum "made in Europe" requirements on public purchases of key green technologies to bolster local industry and cut dependence on Chinese imports, a draft European Commission proposal seen by Reuters showed.

European Union crude oil imports fell sharply in volume and value last year, while liquefied natural gas imports surged, reinforcing Europe’s growing dependence on LNG despite ongoing efforts to curb Russian energy revenues.

Protesters in Greenland took to the streets in the capital as furious European leaders called Trump’s threats intimidation and blackmail, after the US president threatened to impose tariffs on Nato allies who pushed back on his plan to own Greenland.