The World This Hour - The World This Hour for 2025/04/03 at 17:00 EDT

Episode Date: April 3, 2025

The World This Hour for 2025/04/03 at 17:00 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. Carney says the estimated $8 billion in revenue

from those tariffs will be used to support auto workers affected by the Trump tariff regime. All the opposition leaders are pledging to support workers affected by the Trump tariffs. Conservative leader Pierre Polyev says he'll scrap the GST on Canadian-made vehicles, and NEP leader Jagmeet Singh is pitching a program of victory bonds.

Singh says the money could be used for urgent infrastructure issues and to help keep Canadians employed. Tariffs imposed by Trump are already having an impact on the auto industry in Canada and Mexico. Automaker Stellantis is pausing production at assembly plants in Windsor, Ontario, and another in Mexico, and laying off workers in the U.S. Phil Blichana reports. The autoworkers have been through it all.

Jeff Gray of Unifor, the union that represents Canadian autoworkers, 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 on 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's operations are tightly integrated, about 900 employees in Indiana and Michigan will also face layoffs. Philip Lee Shaddock, CBC News, Toronto. Financial markets around the world are reeling after President Trump's latest and most severe set of tariffs. Economists predict the move will cost U.S. consumers and businesses billions of dollars. And there may be a political cost too. Richard Madden reports from the US Capitol.

This is not a negotiation. This is a national emergency. White House press secretary Caroline Levitt dismissing the global fallout in reaction to President Donald Trump's sweeping 10 percent blanket tariffs on nearly every country in the world. Markets have tumbled as economists warn of inflationary price hikes and a potential recession caused by Trump's global trade war. But Commerce Secretary Howard Lutnick says the world simply needs to trust him. Let Donald Trump run the global economy. He knows what he's doing. He's been talking about it for 35 years. You got to trust Donald Trump in the White House. That's why they put him

there. On Capitol Hill, more Republicans are breaking with their own party. Iowa Senator Chuck Grassley has tabled a bill to block Trump from imposing more tariffs without getting congressional approval first. Richard Madden, CBC News, Washington. Convoy protest leaders Tamara Leach and Chris Barber were found guilty on a few charges but acquitted on most. The protesters used trucks to shut down part of downtown Ottawa for three weeks in 2022. Leach and Barber were convicted of counselling others to commit mischief. And Barber was convicted of counselling others to disobey a court order.

But they were found not guilty on four other charges including obstructing police and intimidation. And that is your World This Hour. For CBC News, I'm Julianne Hazelwood.