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Economist Podcasts

Lowering the steaks: a Mercosur deal at last

Economist Podcasts

The Economist

News, News & Politics

4.45K Ratings

🗓️ 13 January 2026

⏱️ 23 minutes

🧾️ Download transcript

Summary

From Argentinian beef to German cars, a freshly inked deal between the EU and a bloc of South American countries should ease trade barriers—and is a sign of global trade’s topsy-turvy time. Foreigner-bashing is politically fashionable in Japan, but focuses on the wrong problems. And a look at Parkrun, a free weekly event that has unwittingly made many Britons healthier.


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Transcript

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0:00.0

The Economist.

0:10.3

Hello and welcome to the intelligence from The Economist.

0:13.3

I'm your host, Jason Palmer.

0:15.3

Every weekday, we provide a fresh perspective on the events shaping your world.

0:23.6

In Japan, it's become politically expedient to do a little bit of foreigner bashing.

0:29.6

But perhaps more than most countries, Japan needs its gaishin.

0:34.6

Our correspondent unpicks the rhetoric from what really matters for the country.

0:40.3

And every Saturday morning across Britain,

0:43.3

thousands upon thousands of people get up early and head to the park.

0:47.3

For a run, appropriately called park run.

0:51.3

We look into how one small get-together turned into a national public health

0:55.8

success story.

1:01.7

First up, though...

1:07.0

At daybreak in Paris this morning, a serious traffic jam started to develop.

1:15.6

350 or so tractors rumbling toward the Arc de Triumph.

1:21.6

Traffic jam is intentional, and it isn't the first.

1:25.6

On Monday, producers and tractors gummed up Lugo in Spain.

1:30.3

On Sunday, it was Tarragona.

1:33.3

The roots of this wheeled protest go back, way back, to the last millennium, in fact.

1:39.3

In 1999, talks first began on a trade deal between Mercosur, a block of South American countries,

1:46.2

and the European Union. Long story short, they didn't get anywhere for a really long time.

1:52.1

An agreement in principle was laid out at last in 2019. An agreement in practice was announced

...

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