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European Parliament to vote on mounting legal challenge to Mercosur deal

EU lawmakers will vote this morning on whether to ask the bloc’s top court to review the European Union’s newly signed free trade agreement with South America’s Mercosur, a move that could delay the pact by about two years and potentially derail it. The parliamentary vote is scheduled for 11:30 a.m. The EU finalized its largest-ever trade pact last weekend with Mercosur members Argentina, Brazil, Paraguay and Uruguay. The agreement still requires approval before it can take effect, setting off a fresh political fight over…