The World This Hour - The World This Hour for 2025/04/03 at 07:00 EDT

Episode Date: April 3, 2025

The World This Hour for 2025/04/03 at 07:00 EDT...

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Starting point is 00:00:00 Scott Payne spent nearly two decades working undercover as a biker, a neo-Nazi, a drug dealer, and a killer. But his last big mission at the FBI was the wildest of all. I have never had to burn baubles. I have never had to burn an American flag. And I damn sure was never with a group of people that stole a goat, sacrificed it in a pagan ritual, and drank its blood. And I did all that in about three days with these guys. Listen to Agent Palehorse, the second season of White Hot Hate, available now. From CBC News, it's the World This Hour. I'm Joe Cummings.
Starting point is 00:00:46 The day after US President Donald Trump rolled out his Global Tariff Initiative, Mark Carney is in Ottawa formulating Canada's response. The Liberal leader has stepped away from his campaign schedule, and as Prime Minister, he's promising that Canada will strike back. We are going to fight these tariffs with countermeasures. We are going to protect our workers and we are going to build the strongest economy in the G7. In a crisis, it's important to come together and it's essential to act with purpose and
Starting point is 00:01:18 with force and that's what we will do. Carney met last night with his cabinet and today he has talks scheduled with the Premiers. Meanwhile, Donald Trump's previously announced tariffs on the Canadian auto sector went into effect as of midnight. And already there's fallout. Stellantis says it'll be pausing production at its Windsor, Ontario assembly plant. Here's Kate McKenna. Just hours after President Donald Trump made his Rose Garden global tariff announcement,
Starting point is 00:01:45 the union representing the workers at the Stellantis assembly plant in Windsor said workers will be off the job for two weeks starting Monday, and more changes are expected within the coming weeks. It says the primary driver behind the decision was Trump's auto tariffs, which came into effect at midnight. The tariff applies to vehicles made outside of the United States, but it's only levied on the value of all non-U.S. content in the vehicle. Since Canada and the United States have integrated supply chains, most Canadian vehicles will
Starting point is 00:02:12 be tariffed less than 25%. Flavio Volpe is the head of the Automotive Parts Manufacturers Association. He says these new tariffs, combined with the existing steel and aluminum tariffs, will be devastating. And I can't believe I just heard Ontario's representative in Washington say it's a good thing that we only have 12.5 percent tariff in an industry that is six or seven percent profit margin. It's unclear at this point how many people will be affected.
Starting point is 00:02:37 Kate McKenna, CBC News, Ottawa. The European Union is facing an across-the-board 20% Trump tariff, and European Commission President Ursula von der Leyen says the response is in the works. We are already finalizing the first package of countermeasures in response to tariffs on steel. And we're now preparing for further countermeasures to protect our interests and our businesses if negotiations fail. Trump insists that when it comes to taking advantage of the American trading market,
Starting point is 00:03:10 the European Union is one of the worst offenders. The overseas financial markets are responding negatively to the Trump tariffs. Traders clearly jittery about the global economic impact. Shares in Asia fell in early trading before recovering slightly at the end of their trading day. But the US dollar and US stock futures are the hardest hit, and the European markets are seeing similar slides. Paris, London, and Berlin all dropping sharply at their opening bells.
Starting point is 00:03:39 Now to the Canadian election campaign and Conservative leader Pierre Poliev. He appeared last night at a sold- out party rally in Kingston, Ontario. Tom Perry has more. Kingston, who's ready for a change? Another big crowd for Pierre Pauliev, the Conservative leader speaking to roughly 4,000 cheering supporters in Kingston, addressing right off the top the latest moves by Donald Trump. Canada must end its era of over-dependence and weakness. We must be an economic fortress that can defend itself,
Starting point is 00:04:15 that can stand up for its own people and put Canada first. Kholiev has spent more time in this campaign talking about building pipelines and cutting taxes than he has about tariffs, something a lot of his supporters want to hear. The Conservative leader is sticking to that core message, hoping more voters will see it as the best way to defend Canada against the U.S. and its president. Tom Perry, CBC News, Kingston. Poliev will be in Oshawa, Ontario later today. NDP leader Jagmeet Singh starts his day in Ottawa.
Starting point is 00:04:48 Bloc leader Yves-Francois Bouchette will be in Quebec City and Montreal. And Green Party leader Jonathan Pedneau is also in Montreal. And that is The World This Hour. For CBC News, I'm Joe Cummings.

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