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flag EU and Mexico near finalization of expanded free trade deal, countering U.S. tariff threats.

flag The EU and Mexico are finalizing an updated free trade agreement to expand coverage to services, government contracts, investment, and farm goods, reducing nearly all tariffs. flag This move comes amid pressure from US President-elect Donald Trump's tariff threats. flag The deal would also recognize specific food and drink labels, like Parmigiano Reggiano, and provide new business opportunities, supporting both parties' economic security and trade relations.

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