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Will South America's trade bloc collapse? - TLDR News Global
With nearly 300 million people and the 5th largest economy, Mercosur aimed to be South America's EU, but challenges including a potentially hostile Argentine president, unilateral moves, and failed EU trade talks raise questions about its future.
Mercosur is composed of 5 sovereign member states: Argentina, Bolivia, Brazil, Paraguay, Uruguay; and one suspended state: Venezuela (suspended since December 2016).