The World This Hour - The World This Hour for 2025/03/04 at 21:00 EST

Episode Date: March 5, 2025

The World This Hour for 2025/03/04 at 21:00 EST...

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Starting point is 00:01:11 From CBC News, the world this hour. I'm Neil Herland. We begin in Washington where U.S. President Donald Trump is addressing the American Congress this hour, and Canadians will be watching closely. There is some speculation the tariff Tuesday could be followed by walk back Wednesday US Commerce Secretary Howard Lutnick says Trump may be considering a compromise with Canada and Mexico The trade war underway is apparently tied to the flow of fentanyl and migrants into the US Lutnick told Fox Business. He's been speaking to Canadian and Mexican officials about what Trump might do next. I think he's going to work something out with them.
Starting point is 00:01:49 It's not going to be a pause, none of that pause stuff, but 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. So somewhere in the middle will likely be the outcome, the president moving with the Canadians and Mexicans, but not all the way. Earlier today, Trump gave little indication he was willing to consider exemptions for certain imports. The federal government is talking tough as a trade war with our closest ally begins.
Starting point is 00:02:17 Tariffs of 25% are now in place from the U.S. on goods from Canada and Mexico. Canada is fighting back with tariffs on $30 billion worth of products from the U on goods from Canada and Mexico. Canada is fighting back with tariffs on 30 billion dollars worth of products from the US. And as Tom Perry reports, that's just the beginning. So today the United States launched a trade war against Canada. Justin Trudeau says Canada never wanted a fight with a country that's supposed to be its closest ally but in an address broadcast live on US news channels the Prime Minister delivered a firm message to the American people and their president. Now it's not in my habit to
Starting point is 00:02:52 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 says Canada will fight back with reciprocal tariffs on $155 billion worth of U.S. goods. He says Donald Trump is making a bogus claim when he says his tariffs are being brought in because Canada is allowing fentanyl into the U.S. Trudeau says the real reason may be that Trump hopes to weaken the Canadian economy and make it easier to take over the country. Tom Perry, CBC News, Ottawa.
Starting point is 00:03:26 The President of Mexico says there is no reason or justification for the tariffs. No hay motivo, razón, ni justificación. Claudia Schoenbaum says she will announce a counter package of tariff and non-tariff measures this Sunday. China also responded by imposing additional tariffs of up to 15 percent on imports of key American farm products. They include chicken, pork, soy and beef. China has also restricted some US companies from doing business in its territory. To other news now, Ukrainian President Volodymyr Zelensky says the Oval Office meeting did not go the way he was supposed to.
Starting point is 00:04:06 Striking a remorseful tone in a lengthy post on the platform X, he wrote, it is time to make things right. As Crystal Gamancing reports, the comments come after the U.S. paused weapons shipments to Ukraine. You haven't been alone. You haven't been alone. Ukrainian President Volodymyr Zelensky appears to want to bury the hatchet. Writing on social media, he and his team stand ready to work under President Donald Trump's
Starting point is 00:04:31 strong leadership to get a peace that lasts. Saying last week's meeting in Washington was regrettable. It's very hard to fight without the ammo. On the streets of Kiev, Ukrainians expressed concern as the U.S. said it was freezing all weapons aid to Ukraine. A move James Nixie of the London based think tank Chatham House described as a devastating blow. It gives the Russian side, if nothing else, a morale boost.
Starting point is 00:05:00 Zelensky stopped short of apologizing, but said he is ready to work fast to end the war and sign the minerals deal with the U.S. Crystal Gamansing, CBC News, London. Buffy St. Marie says she has returned her Order of Canada. The singer was stripped of the honor after a CBC investigation questioned her claims of indigenous heritage. And that is your World This Hour.

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