The World This Hour - The World This Hour for 2025/02/10 at 00:00 EST
Episode Date: February 10, 2025The World This Hour for 2025/02/10 at 00:00 EST...
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From CBC News, the world this hour.
I'm Neil Herland.
U.S. President Donald Trump says more tariffs are coming.
Canadian steel and aluminum will face 25 percent duties paid by American buyers.
Our business reporter Anis Haydari is in Calgary tonight with late reaction.
Any steel coming into the United States is going to have a 25 percent tariff.
On his way to the Super Bowl, Donald Trump announced that Canadian steel and aluminum
would face 25 percent tariffs
starting Monday. If they happen, it would be a blow to two major industries who export
billions of dollars worth of their product to the United States.
If these tariffs proceed, they will be devastating, but challenging on both sides of the border.
Catherine Cobden is president of the Canadian Steel Producers Association. She points out Canada
and the U.S. have been working together for years on steel policy.
So she wants the Americans to rethink this move.
As their largest trading partner in steel, and as one that has worked extremely hard
to align with US trade policy, taken direct measures against China, for example, no one
else in any other trading relationship on steel has done this.
Market watchers say these tariffs could raise prices for both industry and consumers.
The first Trump administration slapped similar tariffs on Canada in 2018, lasting a year.
Canada retaliated similarly.
When that happened, steel and aluminum exports from this country dropped to around 10-year
lows.
Anis Hadari, CECBC News Calgary.
President Trump is also reiterating his plan to make Canada America's 51st state.
As Nick Harper reports, Trump made the comments during a Fox News interview that
aired during the network Super Bowl pre-show.
Is that good enough?
No, it's not good enough.
So more needed in 30 days.
Something has to happen.
It's not sustainable. Fox News interviewer Brett 30 days. Something has to happen. It's not sustainable.
Fox News interviewer Brett Baier asking President Donald Trump what Canada and Mexico need to
achieve before the 30-day tariff deadline expires.
But there were no specifics from the president.
He just said he wants more than Canada's promised $1.3 billion border security boost.
This weekend, Prime Minister Justin Trudeau also suggested Trump's promise to make Canada
America's 51st state should not be underestimated.
Is it a real thing?
Yeah it is.
I think Canada would be much better off being a 51st state because we lose $200 billion
a year with Canada and I'm not going to let that happen.
Trump's doubling down, making it clear U.S.-Canada relations will likely remain
badly strained for some time to come. Nick Harper for CBC News, Washington.
The ongoing threat of a trade war and tariffs is pushing consumers in this
country to buy Canadian. They're dropping travel plans to the U.S. and picking
homegrown products.
As JP Tasker reports, that's got some Americans worried.
It's a vast amount of people are only purchasing made in Canada products.
The buy Canadian movement has become a huge force in the last week alone, and it's upending
the retail industry.
Grocery store owners like Marilyn Dibb are astounded by just how quickly Canadians have
dumped American products in the wake of U. of US President Donald Trump's tariff threats.
And at the Canada-US border, officials are reporting a huge drop in southbound traffic at some ports of entry.
In Blaine, Washington near Vancouver, wait times are a fraction of what they normally are on a Sunday, let alone Superbowl's Sunday.
All of that has lawmakers
furious with the president.
It unnecessarily harms a relationship with Canada that's been such a good relationship.
Kentucky Governor Andy Beshear says Canadian demand for bourbon has dropped off in the
wake of Trump's aggression.
JP Tasker, CBC News, Ottawa.
And finally in American football news.
For the second time, the Vince Labardi Trophy is headed to Philadelphia.
Eagles flag and Super Bowl 59.
The Philadelphia Eagles won the Super Bowl tonight, beating the Kansas City Chiefs 40-22
and denying the Chiefs a third straight Super Bowl victory.
And that is your World This Hour.
For CBC News, I'm Neal Hurland.