The World This Hour - The World This Hour for 2025/04/03 at 13:00 EDT

Episode Date: April 3, 2025

The World This Hour for 2025/04/03 at 13:00 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, the world this hour, I'm Julianne Hazelwood. The global economy is fundamentally different today than it was yesterday.

Prime Minister Mark Carney says the free trade economic system the Western world has enjoyed since the end of the Second World War is over. He announced what he calls a carefully calibrated set of counter tariffs meant to push back against the American levies on vehicles and auto parts made in Canada. The government of Canada will be responding by matching the US approach with 25 percent tariffs on all vehicles imported from the United States that are not compliant with KUSMA, our North American Free Trade Agreement, and on the non-Canadian content of KUSMA compliant vehicles from the United States as well. Our tariffs though will not affect auto parts. Karni says the estimated eight billion dollars in revenue from those tariffs will be used to support auto workers affected by the Trump tariff regime. Tariffs imposed by Donald Trump are

already having an impact on the auto industry in Canada and Mexico. Stellantis is pausing production at assembly plants in Windsor, Ontario, and another in Mexico and laying off workers in the U.S. Phil Pley-Shanock reports. Auto workers have been through it all. Jeff Gray of Unifor, the union that represents Canadian auto workers, says tariffs could upend a supply chain that employs tens of thousands of Canadians. Our members are sick of being antagonized and threatened by Donald Trump. Already the first day they came into effect, Stellantis announced it's idling its Windsor plant for two weeks.

Prime Minister Mark Carney says Canada will impose retaliatory tariffs to support about 4,000 laid off workers. All of our tariff proceeds will go to protect workers affected by the tariffs. Flavio Volpe of the Automotive Parts Manufacturers Association says workers here will not be the only ones impacted. It's going to shut down the suppliers to that plant, many of which are American, and this is day one. Because Stellantis' operations are tightly integrated, about 900 employees in Indiana and Michigan will also face layoffs. Philippe Chedock, CBC News, Toronto.

On the campaign trail, the leaders of the opposition parties are also talking tariffs. They're pledging to support affected Canadian workers and offering their own take on what Ottawa should do. Alexander Silberman has more. Canada has not been spared. Conservative leader Pierre Pauliev speaking at a maple leaf podium in Kingston, Ontario, promising to back auto workers by dropping the GST on Canadian-made vehicles. Poliev says the Prime Minister's call last week did not result in positive change.

There is no progress and there was nothing constructive or productive about Trump's tariff announcement. NDP leader Jagmeet Singh is in Ottawa today, pitching bonds as a way to keep Canadians employed during the trade war. This is a direct attack on these workers. Singh is also promising to expand employment insurance to cover more of worker salaries. We need to protect these workers and make sure that they can actually keep their homes, keep food on the table, and keep paying their bills. All parties focused on the economy in an election in the face of a trade war.

Alexander Silberman, CBC News, Ottawa. Financial markets around the world are in steep decline, and the U.S. stock market is taking the worst hit of all. It's on track for its worst day since COVID shattered the global economy five years ago. The Trump tariffs sparked fears of higher inflation and weakening economic growth. Israeli Prime Minister Benjamin Netanyahu has thanked Hungary's president Viktor Orban during an official visit to the country. You stand with us at the UN and you've just taken a bold and principled position on the

ICC and I thank you, Victor. That bold position is Orban's decision to withdraw Hungary from the International Criminal Court. It's issued an international arrest warrant against Netanyahu over his conduct in the Gaza war, but the Hungarian president has refused to enforce the warrant. Orban is a close Netanyahu ally. He calls the ICC's move outrageously disrespectful and cynical. And that's your World This Hour.

I'm Julianne Hazelwood.