The World This Hour - The World This Hour for 2025/03/05 at 04:00 EST

Episode Date: March 5, 2025

The World This Hour for 2025/03/05 at 04:00 EST

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From CBC News, the world this hour, I'm Neil Herland. Mr. Speaker, the President of the United States. We begin in Washington where US President Donald Trump addressed the American Congress last night. Trump spoke about his new tariffs on goods from several nations, including Canada, and he vowed to retaliate against any country that tries to respond with counter tariffs. April 2nd, reciprocal tariffs kick in. And whatever they tariff us, other countries, we will tariff them.

That's reciprocal back and forth. Whatever they tax us, we will tax them. That sets up the possibility of an escalating U.S. trade war with Canada. Trump also reiterated his assertion that America's neighbors are responsible for the flow of drugs into the states. We need Mexico and Canada to do much more than they've done and they have to stop the fentanyl and drugs pouring into the USA. They're going to stop it. The speech began with a rocky start when Democratic Congressman Al Green from Texas kept heckling the president,

U.S. House Speaker Mike Johnson ejected him from the chamber. Prime Minister Justin Trudeau could speak with U.S. President Donald Trump today. Howard Lutnick is the U.S. Commerce Secretary. He says a new deal is possible. There will be tariffs, but the question is, is there room from where we are today until tomorrow? And I think the question is, is there room from where we are today till tomorrow? And I think the answer is yes." But Lutnick insists the issue of fentanyl and migrants crossing the border is still a concern for the White House, despite Canada's efforts to improve border security. Canadian officials say they're trying to build an off-ramp with

the U.S. from the trade war. Ottawa, the provinces, and territories announced retaliatory measures immediately. Rafi Boujikanean has more. We can continue to discuss a way to frankly get these tariffs lifted. Finance Minister Dominic LeBlanc insists he is still regularly in talks with American officials, including U.S. Commerce Secretary Howard Lutnick. We want the free trade agreement with the United States and Mexico respected.

It is much the same with Foreign Affairs Minister Melanie Jolie. I'll try to find off-ramps. Jolie, LeBlanc and other federal ministers have been traveling repeatedly to D.C. to prevent the U.S. from imposing tariffs in the first place so far unsuccessfully. A senior Ontario government source tells CBC News Lutnick spoke to Premier Doug Ford after Ford announced counter tariffs, a ban on American liquor sales, and a threat to cut-off power. The source said Ford told Lutnick he's not backing down,

and Lutnick himself pointed to the free trade agreement as a potential de-escalation, though nobody announced any next steps toward it. Rafi Boudjikani, NCBC News, Ottawa. In Newfoundland and Labrador, the US tariffs are creating a lot of uncertainty in the fishery. Nearly all the province's crab, worth hundreds of millions, is exported to the United States. But politicians and the industry are optimistic the fishery will go ahead. Heather Gillis reports. Crab harvesters and processors are working out prices for this year's catch and that just got a lot harder to do with the 25% US tariff

on Canadian goods. Paul Grant with Beothic fish processors says tariffs will hit everyone's bottom line. For a load of crab, you probably pay, you know, 60, 65 thousand dollars extra in tariffs. If you have a load of lobster meat, it could be over 300 thousand dollars. Last year, 95 percent of the province's snow crab was exported south. Now the province is searching for new buyers in the rest of Canada, Europe and Asia. Provincial Fisheries Minister Gerry Byrne calls the tariffs a betrayal from Canada's closest ally. Never since the 1992 moratorium has such a challenge been put before us.

But he thinks the U.S. market for Newfoundland seafood is elastic and believes people will still buy it. Heather Gillis, CBC News, St. John's. And that is your World This Hour. For CBC News, I'm Neal Herland.