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

Episode Date: March 4, 2025

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

In Scarborough, there's this fire behind our eyes. A passion in our bellies. It's in the hearts of our neighbors. The eyes of our nurses. And the hands of our doctors. It's what makes Scarborough, Scarborough. In our hospitals, we do more than anyone thought possible. We've less than anyone could imagine.

But it's time to imagine what we can do with more. Join Scarborough Health Network and together, we can turn grit into greatness. Donate at lovescarborough.ca. From CBC News, the world this hour. I'm Neil Herland. The United States has imposed 25% tariffs on Canadian goods. U.S. President Donald Trump has been threatening the levy for weeks,

but today it finally became a reality. Peter Armstrong reports. Until yesterday, financial markets had largely shrugged off the threat of tariffs. So, this statement in the White House yesterday landed like a thud on Wall Street. Tariffs, 25% on Canada and 25% on Mexico. The American Tax Foundation has said these sweeping tariffs would be like imposing a $130 billion tax on American households. The price of gasoline is now projected to rise as much as 40 cents per gallon in northeastern states. When tariffs were imposed on steel and aluminum in 2018,

tens of thousands of jobs were lost. Trump has said this was about fentanyl coming across the border. His officials say progress has been made, and yet... No room left for Mexico or for Canada. So watch financial markets this morning to start pricing in the long-term impact of a continent-wide trade war. Peter Armstrong, CBC News, Washington. Prime Minister Justin Trudeau will hold a news conference this morning on the U.S. tariffs,

and he's already outlining Canada's response. Catherine Cullen has reaction from Ottawa. The Prime Minister said in a statement late Monday that there is no justification for new US tariffs. He also said that Canada will respond immediately with counter tariffs and that there's also discussion but additional measures to put pressure on the United States that are not directly related to tariffs. Ontario has said phase one of that could be an export charge on energy to the United States. The Prime Minister closed by saying that not only will these tariffs hurt Americans but they violate the very trade agreement the new

NAFTA, the USMCA, that was negotiated by President Trump in his last term. Catherine Cullen, CBC News, Ottawa. And the US isn't just slapping tariffs on Canada and Mexico, it's also raising tariffs on Chinese products to 20%. And today China is retaliating. It says it will impose additional tariffs of up to 15 percent on key U.S. farm products, including chicken, pork, soy and beef. The U.S. is pausing all of its military aid to Ukraine. The move comes just days after last week's Oval Office shouting match between President Trump and Ukrainian President Volodymyr Zelensky.

U.S. Vice President J.D. Vance spoke about that infamous meeting during an interview with Fox News last night. Look, this is not going to make anybody happy. The Russians are going to have to give up stuff. The Ukrainians are going to have to give up stuff. You can't come to the Oval Office and say, give us security guarantees. We won't even engage with you about what we're willing to give up. That's been the Ukrainian posture. Meantime European leaders are trying to come up with their own peace plan for Ukraine. The Canadian Anti-Fraud Center says last year, Canadians lost nearly $638 million to fraud.

But getting your money back is easier said than done. One Ottawa woman says she's out thousands of dollars after our whirlwind romance. Robin Miller has more. That guy is Francis Sherrill, recorded yelling at Christina McCrimmon, his new wife, on a home security camera. The pair only knew each other for two months but McCrimmon says he left her nearly $300,000 in debt. She says he faked having cancer to gain her sympathy and promised to repay loans. It's just unimaginable. Charon denies McCrimmon's claims but she isn't the only one who says Charon owes them money. Trish Kailoff hired his company, SLC

Contracting, for a backyard renovation. CBC found four Francis Charons with the same birthdate as the Francis Charon who owns SLC Contracting, Inc. claimed bankruptcy in four separate years. In an email, Charon told CBC he's not a criminal or a fraud artist. Both McCrimmon and Caloff took their concerns to Ottawa police, but

there's a two-year backlog for fraud files. Robin Miller, CBC News, Ottawa. And that is Your World This Hour. I'm Neil Herland.