The World This Hour - The World This Hour for 2025/03/03 at 04:00 EST

Episode Date: March 3, 2025

The World This Hour for 2025/03/03 at 04:00 EST

The following is advertiser content from Audible. This year, tap into your creative streak with Find Your Creative Courage by musician and actor Claire Bodich and master the art of being yourself. Listen to a sample now. We learnt that the word is ours for the claiming. It isn't a rare gift, it's something that belongs to all of us and a part of our natural inheritance. We need to be ready to call upon it though. That was the key lesson. And we can do that through divergent thinking and small acts of everyday creativity in our daily lives.

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I'm Neil Kumar. This is shaping up to be one of the most consequential weeks in Canadian economic history. Tomorrow is the deadline for Trump's sweeping tariffs on almost all Canadian goods with several more potentially devastating deadlines in the weeks ahead. Peter Armstrong reports from Washington. The drugs continue to pour into our country... And with that, US President Donald Trump said he would simply have to push ahead with sweeping tariffs against all goods coming from Canada, a 25% levy on almost everything, oil to be hit by a slightly lesser 10% tariff.

And yet, we've been here before. These tariffs were initially threatened on January 20th, delayed on Inauguration Day to February 1st, then February 4th, and finally the deadline was delayed by a month to March 4th, after Canada said it would make good on a promise to spend $1.3 billion on border security. They have done a lot so... Commerce Secretary Howard Lutnick told Fox News on Sunday some progress has been made, but... There are going to be tariffs on Tuesday on Mexico and Canada, exactly what they are. We're going to leave that for the president and his team to negotiate.

The threat of tariffs has become a near permanent fixture on the economic landscape, and that is unlikely to change soon. Peter Armstrong, CBC News, Washington. If the U.S. does apply tariffs, internal trade minister Anita Onon says Ottawa's strategy will remain the same. The only rational response from the Canadian government is the one that we are taking, which is we have put out our policy response and we will implement that policy response, meeting those tariffs dollar for dollar. Anand says Canada will respond to the U.S. with $155 billion in retaliatory tariffs on targeted American imports. European and NATO leaders have wrapped up their meeting on how to continue supporting

Ukraine in its battle against Russia's invasion. UK Prime Minister Keir Starmer organized the meeting and says they've come up with a four-part plan. First, we will keep the military aid flowing and keep increasing the economic pressure on Russia. plan. We will keep boosting Ukraine's own defensive capabilities to deter any future invasion. Fourth, we will go further to develop a coalition of the willing to defend a deal in Ukraine. The UK is prepared to back this with boots on the ground and planes in the air, together with others. Europe must do the heavy listing.

Prime Minister Trudeau is expected to speak with King Charles today. His meeting with the King comes as UK Prime Minister Keir Starmer caused a stir by not pushing back on Trump's talk of annexing Canada. Trudeau did not say whether he raised the issue with Starmer. And the 97th Academy Awards are now in the books. Conan O'Brien hosted the event for the first time. But it was the film, Anorah,ah that stole the show winning five Oscars. Steve Futterman has a recap of Hollywood's biggest night.

On a night when there wasn't a clear favorite for Best Picture, there was suspense until the very end, when Meg Ryan and Billy Crystal opened the final envelope. And the Oscar goes to... Anorah. Anorah, the story of an adult exotic dancer and sex worker who falls in love and marries the son of a Russian oligarch, won Best Picture along with a slew of other awards. And the Oscar goes to Mikey Madison. Mikey Madison, who plays the title role, won Best Lead Actress.

And Sean Baker, the man behind the film, won four Oscars as producer along with Best Director, Best Film Editing and Best Screenplay. Adrian Brody won Best Lead Actor for his role as a Holocaust survivor trying to deal with life after the war in The Brutalist. Supporting acting awards went to Zoe Saldana for Emilia Perez and Ciaran Culkin for A Real Pain. Steve Futterman for CBC News at the Academy Awards in Hollywood.

And that is your World This Hour for CBC News. I'm Neal Kumar.