The World This Hour - The World This Hour for 2025/04/09 at 14:00 EDT

Episode Date: April 9, 2025

The World This Hour for 2025/04/09 at 14:00 EDT

You know what I'd like to hear people say more often? I'm not sure. Let me think about that. I'm Nala Ayed, host of Ideas, a podcast that brings you deep thought every day. We're a show for listeners who like to slow down, to check their assumptions, and maybe even change their minds. If that's you, find and follow ideas wherever you get your podcasts. From CBC News, the world this hour, I'm Gina Louise Phillips. Donald Trump is backing down from his global tariffs plan for now. The US president says he is implementing a 90-day pause

on new tariffs on most nations. China, however, is exempt from this pause. Trump accuses Beijing of disrespecting global financial markets. He is raising existing tariffs on Chinese goods from 104 percent to 125 percent. Here's U.S. Treasury Secretary Scott Besant. China is the most imbalanced economy in the history of the modern world, and they are the biggest source of the U.S. trade problems. And indeed, they are problems for the rest of the world." Besant says the reversal was part of Trump's negotiating plan all along. The announcement sent North American markets surging. The Dow is up nearly 6 percent and Nasdaq more than 8.5. Trump's reversal of course comes hours

after the European Union declared it was moving forward on retaliating against US tariffs. It is imposing its own counter tariffs on some 30 billion dollars worth of US imports. Although it's not clear if the measures will still go ahead in light of Trump's announcement. Villain Marx has more. A majority of the EU's 27 member states voted in favor of the proposals put forward by the EU's executive branch. The first wave of the countermeasures, as EU officials are calling them, will begin to roll out next week.

But significantly, the EU says that these new measures could be suspended at any time. French Minister for Trade Laurent Saint-Martin says a tariff war is harmful for everyone and talks with the US must continue. The precise details of the EU's new tariffs will be published in the coming days, but it's likely they will take a tit-for-tat approach by targeting specific American products, including motorcycles, poultry, some types of fruit and lumber. Villain Marx for CBC News London. To the federal election campaign, Pierre Polev unveiled another element in his plan to keep

Canadians safe. The Conservative leader says if elected, his government would crack down on repeat offenders. With a three strikes in your outlaw, Julia Wong has the details. Once safe streets have become scenes of chaos and disorder. Conservative leader Pierre Polyev says communities need to be and feel safe. He says the Conservatives would bring in a three-strike-sture outlaw. Anyone convicted of three serious offenses will then not be eligible for bail, parole or house arrest and they must serve at least ten years behind bars. On top of that, Poliev says the offender will have to

earn their release. The only way for repeat offenders to obtain their freedom will be through spotless behavior and clean drug tests during a lengthy minimum prison sentence with earned release dependent on making real progress in improving their lives, such as learning a trade or upgrading their education. Polyev was asked about whether he would have to use the notwithstanding clause to get around the charter issues raised by such a plan. He says the plan is constitutional and necessary.

Julia Wong, CBC News, Ottawa. Liberal leader Mark Carney chose to unveil his energy policy in Calgary, the heart of Alberta's energy industry. He promises his plan will make Canada the world's leasing energy superpower. This means using Canadian energy to displace imported energy, including energy imported from the United States. Trade diversification to reduce our reliance on the U.S. We need to develop both clean energy and the lowest carbon conventional energy.

Carney also announced a series of tax measures to encourage exploration for the critical minerals needed for clean energy and to get those minerals to market. The Newfoundland and Labrador government is forecasting a $372 million deficit this fiscal year. It is a jump of about 120 million from the previous year and that deficit could widen if the province acts to offset potential losses from the US tariffs. Today's budget delays the province's goal of balancing the books. The government anticipates a surplus in the next fiscal year. And that is The World This Hour. For CBC News, I'm Gina Louise Phillips.