The World This Hour - The World This Hour for 2025/04/09 at 18:00 EDT
Episode Date: April 9, 2025The World This Hour for 2025/04/09 at 18:00 EDT...
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From CBC News, the world this hour. I'm Gina Louise Phillips. After yet another day of volatility
on Wall Street, trading ended on a high note. U.S. stocks soared to one of their biggest
days in history. It comes after Donald Trump abruptly put sweeping global tariffs on hold.
Chris Reyes reports.
You all want to make a deal?
President Donald Trump says he changed course
after more than 75 countries approached the US
to negotiate new trade deals.
Reciprocal tariffs on those countries
are now on pause for 90 days.
A 10% baseline tariff will remain in place.
However, Canada and Mexico will not face that additional charge.
If you retaliate, we're going to double it.
And that's what I did with China.
In the same announcement, Trump increased Chinese import taxes to 125 percent following a series of tit-for-tat tariff hikes between the two nations.
Treasury Secretary Scott Besant says Trump is using maximum leverage against China. He goaded China into a bad position.
They responded.
They have shown themselves to the world to be the bad actors.
Besant says Trump plans to negotiate individual deals with each country.
Chris Reyes, CBC News, New York.
We have now reached the halfway point in the federal election campaign.
Mark Carney promises a new liberal government will make Canada a global energy superpower
in both oil and gas and clean energy.
As Carina Roman reports, he made his pitch to voters in Alberta.
Today, I'm announcing a comprehensive new approach to make Canada the world's leading
energy superpower.
Mark Carney says a re-elected Liberal government would use Canadian energy to displace imported
energy, including from the U.S., diversify the country's energy export markets, and
develop both clean and conventional energy projects.
That includes investing in critical minerals.
A new Liberal government will create the First and last mile fund that will connect critical
mineral extraction projects to our supply chains to get them to market.
And offering tax credits to increase investment and exploration.
Carney repeated his promise to fast-track projects of national interest, projects agreed upon
with provinces and Indigenous people.
Carney insists Canada can build conventional energy projects
at the same time as it carries out a green energy transition.
Karina Roman, CBC News, Calgary.
I can tell you that 25 of us were able to force the government to do something
they would never have done.
We were able to bring in pharmacare.
NDP leader Jagmeet Singh is making a pitch to voters that even a small number of New
Democrat MPs can get things done. Right now, people can get diabetes medications and contraceptives
under pharmacare. Singh is pledging to keep pushing and to expand the program.
New Democrats will fight to bring in the next step, which is to cover all essential medications.
These are the medications that are most often prescribed.
It's going to save money for families.
It's also going to improve our health care system.
Singh is accusing the liberals of wanting to call a halt to expanding pharma care and
the conservative leader of wanting to scrap it altogether.
Montreal police have arrested seven people who they say were part of the traditional
Italian mafia. Police say some 40 say were part of the traditional Italian mafia.
Police say some 40 officers were involved in the raid.
Investigators say the suspects were selling large quantities of drugs, mostly cocaine.
The suspects had previously been targeted with search warrants.
Police seized drugs, cash, and guns, but the arrests didn't happen until today.
They are appearing in court to face various charges.
King Charles has a heartfelt apologies for Italians. He became the first British monarch
to address both Houses of Parliament in Rome. Charles also paid a private visit to Pope Francis. wonderful cuisine. We do so, I promise you, with the greatest possible affection.
J. Charles also paid a private visit to Pope Francis. The King is the first visitor received
by the Pope since his return from hospital where he was battling double pneumonia.
And that is The World This Hour. Thank you so much for listening. For CBC News, I'm
Gina Louise Phillips.