EU and Mercosur Reach Free-Trade Pact After Years of Negotiation
The deal followed lower house approval and decades of negotiation.
Trump's tariffs and threats spurred renewed support for the pact.
The agreement covers 700 million people and 30% of global GDP.
EU officials say 90% of bilateral trade tariffs are eliminated.
European Commission will provisionally implement the deal.
Paraguay's parliament still needs to ratify the pact.
France opposes the deal amid farmer protests.
Spain and Germany support the agreement.
Bolivia may join the deal in the future.