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

Episode Date: April 4, 2025

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

The world we live in isn't perfect. This is all wrong. I say put mental health first. But it doesn't get any better on its own. I stand before you as a concerned citizen. That's why we talk to activists about how they do what they do and what inspires them to keep going. Because we're all about change.

Listen to stories that give us all hope on all about change wherever you get your podcasts. From CBC News, the world this hour. I'm Mike Miles. Financial markets around the world are still flailing early Friday after President Donald Trump's latest tariffs. Markets across North America took heavy losses Thursday, some showing their biggest drops since 2020. Anish Hedari has the details. The day started off with the traditional opening bell and cheers at the New York Stock Exchange,

but far fewer cheers as the market closed with a lot of red on the charts, a hair under a 4% drop in the New York index. And it's not the only one that fell. The Toronto Stock Exchange, down more than 3.8%. Tech-heavy NASDAQ took a beating, down almost 6%. These big market drops, likely a response to the tariffs American consumers and businesses will pay to import anything from regions like Europe and China. Apple stock, for example, taking a big drop. iPhone components made in China now face a total tariff of more than 50%.

As for Canada, the dollar here hitting around 71 cents US, but that's less about anything domestic. It's more that along with US markets, the US dollar dropped too. And he's hit our CBC News, Calgary. In a change of pace, Elbert, as Premier, says she backs the Prime Minister's response to U.S. tariffs. But various levels of government say there's still a lot of uncertainty on the road ahead. Karina Zapata reports. The Calgary Chamber of Commerce hosted a sold-out event to discuss a potential path forward. Among those on stage, Premier Danielle Smith,

who met with Prime Minister Mark Carney and other premiers. All of the premiers are very supportive of the measured response and also supportive of whatever it is that we need to do in order to support the autoworkers. Smith says it's positive that US President Donald Trump has agreed to renegotiate a trade agreement, but she says Canada hasn't quite dodged a bullet, a sentiment also shared by Calgary Mayor Jyoti Gondek.

Let's not forget that we exist in a global economy and markets are in a state of flux right now. There is a lot of question about what our trade relationships are going to look like with other nations. Gondek says Calgary must strengthen its own economy, pointing to the Prairie Economic Gateway, which the mayor hopes will create Canada's strongest inland port. Karina Zapata, CBC News, Calgary. Tariffs are top of mind for many voters, of course, during this federal election campaign.

But not always because they want their leaders to use the elbows-up approach. Elise Stolt spoke to voters in Alberta. I think it's a positive thing, to be honest. Sal Shivte used to work as a manager in telecommunications. Then the work his unit did was outsourced to the Philippines. Now he looks at the U.S. tariffs and sees a silver lining. Trump is really trying to run a business. He is a businessman, and I think at the end of the day

he's trying to think of his country and trying to keep things in-house, and I think we should be focusing on the same thing. CBC News has been asking voters about their key issues throughout the campaign. Many voters are worried about the impact of tariffs on the cost of living and the economy. Others say we focus on Trump too much. Sal Shivji was in Airdrie and in Okotoks, Dan Renese says Trump is a distraction. I want to hear more about Canada and less about Trump.

I think the more that we hear about Trump and the more we talk about him, the more power he has and we should try and ignore him as much as we can. Share your story and what matters to you this election by emailing ask at cbc.ca. Elise Dolty, CBC News, Calgary. Many Canadian Jewish families this Passover may not have Manashevitz on the Seder table. When U.S. booze was pulled from the shelves recently, that included the traditional wine. Jeff Lieberman of the Jewish Federation of Manitoba says it's a big part of the celebration and asked the province for an exemption.

People want to be able to have kosher wine. Manashevitz is an inexpensive kosher wine and that it would be really important for the Jewish community if they'd be able to put the Manashevich back on the shelves. While Lieberman says he's been told Mandataba was working on a solution, Premier Wabkanous said that wouldn't be happening, adding there are other options and he hopes people understand. That is your World This Hour. Remember, you can listen to us wherever you get your podcasts, updated every hour, seven days a week.

For CBC News, I'm Mike Miles.