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827a 2 hours ago

Important to remember that the entire Mercosur block has a lower GDP than just California, and around the same GDP as Texas and New York, separately.

_DeadFred_ an hour ago | parent [-]

But now it will be much easier for the Mercosur block to finance the infrastructure needed to become agricultural export powerhouses. Death by a thousand cuts for the USA is just as bad a one fatal blow.

827a 33 minutes ago | parent [-]

I don't feel that an "agricultural export powerhouse" is all that desirable a title to own on the global stage, but yes; it is within reach for the Mercosur block. Possibly the only thing within their reach at this point. Agriculture represents ~3% of all US exports, and ~7% of that ~3% flows to the EU; a very small cut indeed.