The World This Hour - The World This Hour for 2025/05/10 at 01:00 EDT

Episode Date: May 10, 2025

The World This Hour for 2025/05/10 at 01:00 EDT

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Tens of thousands of people lost their jobs last month, mostly in manufacturing, wholesale, and retail trade, as U.S. tariffs work their way through the Canadian economy. Anis Haidari reports. Statistics Canada confirms it was harder to find work this April compared to last April. 189,000 more unemployed people year over year. Overall unemployment is at 6.9 percent. That's an increase too.

We've been waiting all year for signs of a direct hit. These April numbers were that first real sign. Brendan Bernard pins this soft job market on tariffs and the trade war. He's senior economist at the job website indeed. Wholesale and retail trade and the natural resource sector. These are the areas of the economy most exposed. One step forward, two steps back in terms of the Trump's administration of the tariff rollout, that's creating a lot of uncertainty. Gio Jacinto is an economic and trade policy analyst with the United Steelworkers in Toronto. He says the hope is federal responses might mitigate the economic impact of tariffs as

time goes on. Meaningful employment across Canada may depend on decisions made in Washington. Anis Hadari, CBC News, Calgary. Meanwhile, high-stake trade talks are set for Saturday with China and the U.S. meeting in neutral territory, Switzerland. Paul Hunter sets up the negotiations. U.S. Treasury Secretary Scott Besson arrived in Geneva ahead of talks with China aimed at easing tensions.

As it stands, the US has put tariffs on most Chinese goods into America at a whopping 145 percent. China responding with tariffs almost as high on most US goods. US President Donald Trump now suggesting maybe a mere 80 percent tariff might be more appropriate. Seems right, he posted on social media. White House press secretary Caroline Leavitt underlining US demands of greater access to Chinese markets remain in place. We need to see concessions from them as well. Though Chinese exports to the US have dropped, Trump's approval ratings in America have also fallen, a signal Americans are unhappy with where he's taking things.

Paul Hunter, CBC News, Washington. There may be a plan in the works to bring aid into Gaza. It's a US-backed proposal that includes private companies handing out supplies. Sasha Petrusic explains. There still remains a desperate need for humanitarian aid. U.S. Ambassador to Israel Mike Huckabee says Washington is working on a plan to deliver more food through an organization it's creating from scratch, deliberately bypassing U.N. agencies, which Israel has accused of sheltering Hamas militants. A lot of challenges to be able to make this work. He couldn't say when the first food will be distributed or who will be involved, except

it won't be Israel. Hamas also won't be involved, who Israel accuses of hijacking and hoarding aid. The plan has been condemned by UNICEF spokesman James Elder as prioritizing Israel's military goals, not Gaza's famine. We've had more children are likely to suffer and risk death and injury as a consequence of this plan. Sasha Petrusik, CBC News, Toronto. To the Stanley Cup playoffs where the Florida Panthers have nudged a little closer to the Toronto Maple Leafs in their Eastern Conference Series.

Here's Marshad, that shot scores! Change direction! Brad Marshad! And Florida has one game three! As seen on CBC and Roger Sportsnet, Halifax native and Leafs nemesis Brad Marshad scored at 15-27 of the first overtime giving the defending cup champion Panthers a 5-4 win, cutting the Leafs series lead to 2-1. Game 4 is set for Sunday night back in Florida.

The Winnipeg Jets even their second round series with the Dallas Stars with a convincing 4-0 victory in Winnipeg Friday night. And that is your World This Hour. For CBC News, I'm Claude Fague.