The World This Hour - The World This Hour for 2025/04/03 at 08:00 EDT

Episode Date: April 3, 2025

The World This Hour for 2025/04/03 at 08:00 EDT

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. The morning after U.S. President Donald Trump rolled out his global tariff initiative, Mark Carney is in Ottawa formulating how Canada will respond. The Liberal leader has stepped away from his campaign schedule and as Prime Minister he'll be talking today to the Premiers this after meeting last night with his Cabinet.

Rafi Boutchakian reports. We talked about protecting Canadian industry and Canadian workers. Industry Minister Anita Onand on the heels of a cabinet meeting to discuss US President Donald Trump's latest round of tariffs. Mark Carney, back in prime minister mode, tried to say things could be worse.

He has preserved a number of important elements of our relationship. But he still recognized the latest round of tariffs will hurt. The fentanyl tariffs still remain in place, as do the tariffs for steel and aluminum. Tariffs and the threat of more have defined large parts of this election. Conservative leader Pierre Palieuvre had a rally in Kingston last night. The president is betraying America's closest friend and attacking our economy. Before he gets back to campaigning, Carney will talk about countermeasures. He'll also be meeting with his provincial and territorial counterparts discussing their next steps.

Rafi Boudjikan, Yon TVC News, Ottawa. Meanwhile, Donald Trump's previously announced tariffs on the Canadian auto sector went into effect overnight. And already there's fallout. Stellantis says it's pausing production at its Windsor, Ontario assembly plant for two weeks. And Flavio Volpe, the head of the Automotive Parts Manufacturers Association, says there will be more closures to come on both sides of the border.

At some point on a publicly traded company, if you're booking losses that are in the millions at every assembly plant, and that's what we're talking about, $3, $4, $5, $8 million a day for a production plant, you have a fiduciary obligation to your shareholders not to burn their money. Some market analysts say North American automakers could end up cutting production by as much as 20,000 vehicles a day by the middle of the month. Now to Brussels, where the European Union is facing an across-the-board 20% Trump tariff.

And European Commission President Ursula von der Leyen says an EU 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 claims that when it comes to taking advantage of the American trading market, the European Union is one of the worst offenders. As for China, it is the hardest hit of all the nations targeted in the Trump trade action. And today, Beijing is calling the US president a bully.

Yenna Li has more. Spokesperson Guo Jiakun says China opposes the move and will take firm measures to safeguard its legitimate rights. The additional 34 percent tariffs imposed by the U.S. on Chinese exports brings total tariffs on Chinese goods to 54 percent. Cambodia was slapped with a 49 percent levy, Vietnam with 46 percent. Trump says both countries are being used by China to ship goods to the U.S. His administration also closed a loophole known as de-minimus that has allowed China's

e-commerce giants to reap huge profits from the U.S. market. The developments are deepening differences between Washington and Beijing. There's growing frustration in China over what many see as an effort to undermine the country's pandemic recovery as it faces major economic challenges. Yenna Li for CBC News, Beijing. Hungary has announced it is withdrawing from the International Criminal Court. The announcement comes as Benjamin Netanyahu is in Budapest on a state visit. The Israeli Prime Minister is facing an ICC arrest warrant in connection to Israel's war in Gaza.

And Hungary's Prime Minister Viktor Orban has said he would not enforce it. Orban has long been an ally of the Netanyahu regime. And that is The World This Hour. Remember, you can listen to us wherever you get your podcasts. The World This Hour is updated every hour, seven days a week. For CBC News, I'm Joe Cummings.