IBOV 172,236.05 ▲ 2.22% IPC MEX 72,104.80 ▲ 1.00% MERVAL 2,848,945 — — USD/BRL5.51▲ 0.04% USD/MXN18.52▼ 0.56% USD/CLP966.96▼ 0.99% USD/COP3,269▲ 0.88% USD/PEN3.41▼ 1.06% USD/ARS1,545▼ 0.02% USD/UYU40.45▲ 0.35% USD/PYG6,450▲ 1.45% USD/BOB11.74▼ 0.59% USD/DOP60.46▼ 0.21% USD/CRC446.56▼ 0.38% USD/GTQ7.64▼ 0.05% USD/HNL26.89▲ 0.02% USD/NIO 36.62 — 0.00% USD/VES897.02▲ 0.07% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▼ 0.02% USD/TTD6.72▼ 0.03% EUR/BRL6.18▲ 0.83% BRENT 91.92 ▼ 0.70% WTI 86.08 ▼ 0.89% IRON ORE 161.91 — — COPPER 6.38 ▲ 0.73% GOLD 4,135 ▲ 0.49% SILVER 53.20 ▲ 1.21% SOY 1,192 ▲ 0.78% CORN 440.50 ▲ 0.28% WHEAT 591.25 ▲ 0.55% COFFEE 266.70 ▼ 4.75% SUGAR 18.21 ▼ 0.16% ORANGE JUICE 143.50 ▲ 7.85% COTTON 78.65 ▼ 0.58% COCOA 5,113 ▼ 0.81% BEEF 216.33 ▲ 1.06% CATTLE 324.80 ▲ 0.77% LITHIUM 61.35 ▲ 1.94% PETR4 45.19 ▼ 0.24% VALE3 66.11 ▲ 3.23% ITUB4 41.72 ▲ 2.94% BBDC4 14.68 ▲ 3.38% ABEV3 15.61 ▲ 0.84% BBAS3 17.02 ▼ 0.64% B3SA3 14.85 ▲ 3.20% WEGE3 50.74 ▲ 5.29% PRIO3 59.39 ▼ 1.80% SUZB3 54.20 ▲ 1.50% RENT3 30.83 ▲ 1.78% AZZA3 15.12 ▲ 2.44% CSAN3 2.77 — 0.00% RAIZ4 28.00 ▲ 2.56% PCAR3 2.43 ▲ 1.25% GMAT3 3.83 ▲ 0.79% PSSA3 45.65 ▲ 2.93% CVCB3 0.87 ▲ 3.57% POSI3 3.03 ▼ 1.94% SLCE3 17.30 ▲ 4.15% NATU3 5.71 ▲ 10.44% BRKM5 3.02 ▼ 5.63% RANI3 8.76 ▲ 3.44% CSNA3 4.49 ▲ 1.81% IBOV 172,236.05 ▲ 2.22% IPC MEX 72,104.80 ▲ 1.00% MERVAL 2,848,945 — — USD/BRL 5.51 ▲ 0.04% USD/MXN 18.52 ▼ 0.56% USD/CLP 966.96 ▼ 0.99% USD/COP 3,269 ▲ 0.88% USD/PEN 3.41 ▼ 1.07% USD/ARS 1,545 ▼ 0.02% USD/UYU 40.45 ▲ 0.35% USD/PYG 6,450 ▲ 1.45% USD/BOB 11.74 ▼ 0.59% USD/DOP 60.46 ▼ 0.21% USD/CRC 446.56 ▼ 0.38% USD/GTQ 7.64 ▼ 0.05% USD/HNL 26.89 ▲ 0.02% USD/NIO 36.62 — 0.00% USD/VES 897.02 ▲ 0.07% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.79 ▲ 2.42% USD/TTD 6.72 ▲ 2.10% EUR/BRL 6.18 ▲ 0.83% BRENT 91.92 ▼ 0.70% WTI 86.08 ▼ 0.89% IRON ORE 161.91 — — COPPER 6.38 ▲ 0.73% GOLD 4,135 ▲ 0.49% SILVER 53.20 ▲ 1.21% SOY 1,192 ▲ 0.78% CORN 440.50 ▲ 0.28% WHEAT 591.25 ▲ 0.55% COFFEE 266.70 ▼ 4.75% SUGAR 18.21 ▼ 0.16% ORANGE JUICE 143.50 ▲ 7.85% COTTON 78.65 ▼ 0.58% COCOA 5,113 ▼ 0.81% BEEF 216.33 ▲ 1.06% CATTLE 324.80 ▲ 0.77% LITHIUM 61.35 ▲ 1.94% PETR4 45.19 ▼ 0.24% VALE3 66.11 ▲ 3.23% ITUB4 41.72 ▲ 2.94% BBDC4 14.68 ▲ 3.38% ABEV3 15.61 ▲ 0.84% BBAS3 17.02 ▼ 0.64% B3SA3 14.85 ▲ 3.20% WEGE3 50.74 ▲ 5.29% PRIO3 59.39 ▼ 1.80% SUZB3 54.20 ▲ 1.50% RENT3 30.83 ▲ 1.78% AZZA3 15.12 ▲ 2.44% CSAN3 2.77 — 0.00% RAIZ4 28.00 ▲ 2.56% PCAR3 2.43 ▲ 1.25% GMAT3 3.83 ▲ 0.79% PSSA3 45.65 ▲ 2.93% CVCB3 0.87 ▲ 3.57% POSI3 3.03 ▼ 1.94% SLCE3 17.30 ▲ 4.15% NATU3 5.71 ▲ 10.44% BRKM5 3.02 ▼ 5.63% RANI3 8.76 ▲ 3.44% CSNA3 4.49 ▲ 1.81%
since 2009
Tuesday, November 10, 2026

Latin America Europe and Russia

French Parliament Backs Macron’s Stance Against EU-Mercosur Deal

By · · 2 min read

The French National Assembly has thrown its weight behind President Emmanuel Macron’s opposition to the EU-Mercosur trade agreement. In a symbolic vote, 484 deputies approved Macron’s actions, while 70 opposed and one abstained. This development comes on the heels of French supermarket chain Carrefour’s decision to boycott Brazilian meat.

Macron has emerged as the leading European voice against the trade deal. He has been exerting pressure on European Commission President Ursula von der Leyen to prevent the treaty’s establishment. The vote, while not altering the course of negotiations between the blocs, sends a clear message about French sentiment.

The debate in the National Assembly was sparked by Carrefour’s announcement to boycott Brazilian meat. This move led to retaliation from Brazilian meatpackers, who temporarily suspended meat supplies to French chains. The situation in France remains unchanged, with Carrefour maintaining its stance against Mercosur meat imports.

Free daily brief — no card needed
Get every Europe and Russia story in one morning email
We build you a personalized brief around the topics you follow — free for 7 days. Love it? Your first month after that is US$1.
French Parliament Backs Macron's Stance Against EU-Mercosur Deal.
French Parliament Backs Macron’s Stance Against EU-Mercosur Deal.
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

Carrefour’s CEO, Alexandre Bompard, justified the boycott by claiming that South American products fail to meet French standards. This decision has heightened tensions between French producers and Mercosur exporters. However, the impact may be limited as France already imports minimal animal protein from Mercosur countries.

The EU-Mercosur agreement requires approval from all 27 EU member states to take effect. France’s opposition stems from concerns about environmental practices in Brazilian agriculture. French farmers worry that these practices harm the environment in pursuit of higher productivity.

The LatAm Brief

One email, every weekday morning. What moved in Latin American markets, politics and expat life.

Yesterday’s subject line: “Trump says deportations "might be too tough"”

Free. We send a confirmation link first — nothing arrives until you click it. Unsubscribe with one click in any edition. If you stop opening us for 30 days we stop sending by ourselves, as we assume the interest is no longer there. See our privacy policy. We never share your email.

French Parliament Backs Macron’s Stance Against EU-Mercosur Deal

Parliamentarians have raised alarms about pesticide use in Mercosur countries, claiming it endangers European consumers. They also accuse Brazil of deforesting an area in the Amazon equivalent to Portugal and Spain combined. These concerns underscore the complex interplay of economic, environmental, and political factors shaping the debate.

As negotiations continue, the French stance highlights the challenges in balancing trade interests with environmental and agricultural concerns. The outcome of this dispute will likely have far-reaching implications for global trade relations and environmental policies.

For the full picture, see our Mercosur EU Trade Deal: Complete Guide.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map →

Brazil runoff date: Sunday, October 25, poll closing times and when results start · Brazil runoff polls: Flávio 51%, Lula 49% · Kalshi and Polymarket odds

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.