The World This Hour - The World This Hour for 2025/03/04 at 20:00 EST

Episode Date: March 5, 2025

The World This Hour for 2025/03/04 at 20:00 EST...

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Starting point is 00:00:00 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.
Starting point is 00:00:19 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 is our. I'm Tom Harrington. The first day of the Trump tariffs may not see a second day.
Starting point is 00:00:40 One of the president's key advisors is now signaling there may be some relief for Canada, China and Mexico. Commerce Secretary Howard Lutnick says an announcement could be imminent after a frantic day that included major slides in the U.S. markets. Megan Fitzpatrick has more from Washington. U.S. Commerce Secretary Howard Lutnick says he was on the phone all day with Canadian and Mexican government representatives who were vowing to do more to secure their borders with the U.S. And the president's listening because you know he's very very fair and very reasonable.
Starting point is 00:01:11 Canadian finance minister Dominic LeBlanc was among those who were in touch with Lutnick. On Monday Trump said there was no more room for negotiation but Lutnick is signaling that could change. I think he's going to figure out you do more and I'll meet you in the middle some way, and we're going to probably be announcing that tomorrow. Trump was surely watching the market reaction, which was far from positive, and hearing concerns from major retailers like Target,
Starting point is 00:01:35 who warned the cost of food for Americans could go up within days. The president will be giving a primetime speech Tuesday night to Congress, where he's expected to highlight his love of tariffs as a negotiating tool. Megan Fitzpatrick, CBC News, Washington. And CBC Radio will have live coverage of that speech with the Canadian context and analysis you need. Join your world tonight's Susan Bonner and as it happens Neil Kirksell for CBC News Special. It starts at 9 Eastern on CBC Radio, Sirius XM and the CBC News app.
Starting point is 00:02:07 Now I want to speak directly to one specific American, Donald. The Prime Minister addressed the U.S. President directly during his news conference in Ottawa earlier today. Justin Trudeau spoke shortly after 25 percent tariffs on Canadian imports went into effect. Canada wasted no time responding. Levees on $30 billion in U.S. goods are now in place that will rise to cover another $120 billion in American imports in 21 days. Trudeau saves some of his most pointed words for the president. Now it's not in my habit to agree with the Wall Street Journal,
Starting point is 00:02:47 Now it's not in my habit to agree with the Wall Street Journal, but Donald, they point out that even though you're a very smart guy, this is a very dumb thing to do. Trudeau also spoke directly to the Canadian people. He says the trade war now underway is going to be tough, but adds Canadians will pull together because that's what we do. Provincial leaders joined in on Ottawa's retaliation to the tariffs. Premiers have been announcing their own strategies. As Covino-Duro reports, they range from taking direct action against the U.S. to looking for new buyers for their goods. Today our province and our entire country faces a reality that we
Starting point is 00:03:21 haven't seen before. New Brunswick's Premier Susan Holt speaking about how the government will support the province's residents. Among the measures, they are launching a Made in New Brunswick campaign to make it easier to find local items. Newfoundland and Labrador and BC say they are looking to send their goods to new markets. We need to be ready to escalate using every tool in our toolkit. In Ontario, Premier Doug Ford is threatening a 25% surcharge on power sent to several US states and taking US alcohol off shelves at the province's distributor.
Starting point is 00:03:53 Manitoba, another of several provinces targeting American booze. Quebec's government says it has a new program called Frontiers. It will help provide loans to help businesses weather the economic storm in the short term. Premiers across the country are calling on Ottawa to reduce the interprovincial trade barriers saying it will develop the nation's economy. Kubin Oduro, CBC News, Montreal. To other news now, Ukrainian President Volodymyr Zelensky says it is time to make things right. Nobody wants an endless war.
Starting point is 00:04:24 In his nightly address, Zelensky said no one wants an endless war. Earlier today, he struck a remorseful tone in a lengthy post on X. He admits last week's meeting with President Trump in the Oval Office did not go the way it was supposed to. And he says both leaders have to find the power to move forward. Zelensky's statement comes just hours after the United States suspended its military aid to Ukraine. And that is Your World This Hour. For CBC News, I'm Tom Harrington.
Starting point is 00:04:51 Thanks for listening.

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