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Marketplace All-in-One

Canada and Mexico unite on trade

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 19 September 2025

⏱️ 8 minutes

🧾️ Download transcript

Summary

From the BBC World Service: We'll start today in Mexico, where trade talks have taken place between Mexican President Claudia Sheinbaum and Canadian Prime Minister Mark Carney, who agreed to deepen ties as both countries face new tariffs from their neighbor, the U.S. – 50% on Canadian steel and 25% on Mexican pharmaceuticals, for example. We’ll also learn about the unauthorized resale of soccer tickets in England. And later, could hydrogen be used to help reduce emissions from the steel industry?

Transcript

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slash G-O. Canada and Mexico unite on trade amid pressure from their shared neighbor. Live from the UK,

1:06.7

this is the Marketplace Morning Report from the BBC World Service. I'm Stuart Clarkson. Good morning.

1:11.7

We'll start today, Mexico, where trade talks have taken place between the country's president

1:15.6

and the Prime Minister of Canada.

1:17.7

Claudia Scheimbeam and Mark Carney agreed to deepen ties

1:20.8

as both countries face new tariffs from their neighbour the US,

1:23.8

for example, 50% on Canadian steel and 25% on Mexican pharmaceuticals.

1:29.3

BBC's Casey Silver's been following this for Marketplace.

1:32.1

This is actually Kani's first visit to Mexico.

1:35.1

Since we saw tensions flaring up last year,

1:38.6

Canadian officials accused of trying to get their own separate trade deal with the US

1:43.5

rather than respecting the

1:45.2

USMCA, which is the trade deal that binds all of North America. Now, Mexico's leader at the

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