The World This Hour - The World This Hour for 2025/04/09 at 03:00 EDT

Episode Date: April 9, 2025

The World This Hour for 2025/04/09 at 03:00 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 Neal Herland. Asian stock markets fell in trading today after the latest US tariffs

kicked in. The Nikkei index in Tokyo dropped 5 percent. President Donald Trump bragged about the new tariffs at a Republican black tie dinner last night in Washington. Right now China is paying a 104 percent tariff. Think of it, 104 percent. But Trump reassured the crowd that% tariff. Think of it. 104%. But Trump reassured the crowd that his tariff strategy will pay off, insisting that China will negotiate new trade conditions. I think they'll make a deal at some point. China will. They want to make a deal. They really do. They want to make a deal. They just don't know how to get it started. The new tariffs include a 46% levy on imports from the from to the US from Vietnam, 25% on South Korean goods and 20% on imports from the European Union. Yesterday the major North American stock markets fell including the Toronto Stock Exchange and investors are bracing for more losses. As US President Donald Trump pursues a global trade war,

the world order, as we knew it, has been shaken. What will emerge next is still unclear, but as Lisa Sheng reports, some analysts say China and other Asian countries could end up playing a bigger role. The world order of the last eight years, since we know it, it's dead. Cameron Johnson is a senior partner

at supply chain consultancyancy Tidal Wave Solutions. Based in Shanghai, he says China and other Asian countries could become key players on the world stage. The whole world is shifting here. If you're not on that train, you're going to get screwed and your people are going to get screwed. China is the world's second largest economy after the U.S. and diplomatically its influence is also increasingly far-reaching says Dan Wong, China director for consulting firm Eurasia Group. We've seen a higher presence of China in areas like the Middle East, Africa, Latin America with US retreating from foreign aid. But Dan Trefler, an international trade professor at the University of Toronto

warns there are risks of engaging China. China has been very arbitrary in its actions against Canada and those actions have been very harmful. Treffler says what the U.S. does is also unpredictable. Lisa Shing, CBC News, Toronto. Liberal leader Mark Carney held a rally in Calgary last night. He took aim at U.S. President Donald Trump and conservative leader Pierre Polyev. President Trump's plan is to divide and conquer. Pierre Polyev's plan is to divide and be conquered.

This is not the time, this is not the time for divisive, angry politics. Negativity is not going to win a trade war. Poliev rejects the attempt to link him with Trump. He points out that Trump has said he would rather deal with the Liberal Party in Canada. The head of NATO has a dire warning about the consequences if Ukraine loses the war with Russia. Mark Ruda gave a speech in Tokyo Wednesday, and he says if Ukraine falls to Russia, it would embolden China to invade Taiwan. The world is watching the war and its outcome very closely. China is certainly watching.

It's Ukraine today, it could be East Asia tomorrow. The NATO secretary general also says the previous target that every NATO member should spend 2 percent of its GDP on defense is too low. Canada has yet to achieve that 2 percent goal. The death toll from a nightclub tragedy in the Dominican Republic is growing. Authorities now say 98 people are dead and 160 injured. All the victims that perished in this horrible event, our heart is with you and we are praying. It happened Tuesday in the capital Santo Domingo during a concert. The audience full of politicians, athletes and music lovers, rescue crews are still searching

for bodies and survivors. Among the dead is former Toronto Blue Jays pitcher Octavio Dottel, who played one season for the Jays in 2011. And that is your World This Hour. I'm Neil Hurland.