The World This Hour - The World This Hour for 2025/10/24 at 04:00 EDT

Episode Date: October 24, 2025

The World This Hour for 2025/10/24 at 04:00 EDT...

Transcript
Discussion (0)
Starting point is 00:00:00 Chambers Plan employee benefits is not-for-profit and that's great for your business. Chambers Plan supports businesses with 1 to 50 plus employees across Canada and reinvest surpluses to help keep rates stable. Get flexible coverage for you and your employees with outstanding customer service and unmatched value. Benefit together with Chambers Plan. Learn more at hellochambers.ca. from cbc news the world is sour i'm neil kumar u.s president donald trump has called off trade talks with
Starting point is 00:00:40 canada he's angry about an anti-tariff ad the province of ontario's running in the u.s the sudden announcement killed momentum around trade talks as canada had hoped to get some tariffs lowered in the near future the cbc's katie simpson reports from washington high tariffs inevitably lead to retaliation by foreign countries The offending ad features highlights of a 1987 speech by U.S. President Ronald Reagan, which makes the case against tariffs. After a complaint by Reagan's Presidential Foundation that Ontario did not get permission to use the audio and video, Donald Trump made his stunning announcement, writing on social media in all caps, all trade negotiations with Canada are hereby terminated. He called the ad fraudulent and fake, accusing Canada of running the spot as a way to influence the U.S.
Starting point is 00:01:29 U.S. Supreme Court ahead of a hearing next month that will determine whether most of Trump's tariffs are legal. We've never had anything like it coming in because of tariffs, the money pouring into our country, the plants that are opening. Ontario spent $75 million to run the ad on major American broadcasters. This comes at a pivotal moment in trade talks, a time when Canada had thought progress was being made in an effort to lower some tariffs, momentum that is now stalled. Katie Simpson, CBC News, Washington. Alberta government has served formal notice that it will introduce back-to-work legislation to end the Alberta teacher strike. Nearly 750,000 Alberta kids have been out of the classroom
Starting point is 00:02:08 since the strike began October 6th. Premier Danielle Smith says the legislation will be introduced Monday unless there's a deal by then. Prime Minister Mark Carney is undertaking his first government trip to Asia. His agenda includes laying the groundwork for a free trade deal with the Association of Southeast Asian Nations by the end of next year, as well as meeting China's president. Rafi Puja Canyon has more. Prime Minister Mark Carney is headed to Asia with stops in Malaysia, Singapore, and South Korea working on different kinds of deals. Senior government officials say that at the summit in Malaysia,
Starting point is 00:02:41 Canada hopes to work on a future free trade agreement with the Association of Southeast Asian Nations. President Donald Trump will also be at ASEAN and at the Asia Pacific Economic Cooperation Summit in South Korea. I look forward to seeing the president in Asia at APEC. Officials say Carney is aiming for a one-on-one with China's President Xi Jinping as he tries to thaw a frosty relationship with Asia's largest economy less than a year after a public inquiry into foreign interference founded meddled in recent Canadian elections. Carney's team says Foreign Affairs Minister Anita Anand has just returned from a successful visit
Starting point is 00:03:19 to Beijing and he won't back down from defending Canadian democracy while pursuing a strategic relationship with China. The Chinese Communist Party has wrapped a key political meeting known as the fourth plenum. Its goal is to set the country's next five-year strategy to strengthen the country's economy in the face of heightened tensions with the United States. Lisa Jing reports. As the central committee of China's ruling communist party wraps its fourth plenum, the party elite have mapped out the country's social and economic development for the next five years.
Starting point is 00:03:54 In a communique released following the four-day meeting, The party vowed to speed up self-reliance in technology and accelerate the country's green transition. In the past, these types of policies have cemented China's dominance in electric vehicle technology and rare earth minerals mining. The goals for the next five years are surely to draw the ire of U.S. President Donald Trump, says Jonathan Zinn, former China director for the U.S. National Security Council. He thinks even if there is a cost to pay, this is still the right path for China's economy. Without naming Trump, the party said China faces profound and complex changes. This message comes as Trump and Xi are slated to meet on the sidelines of the Asia-Pacific Economic Cooperation Summit next week.
Starting point is 00:04:39 Lisa Xing, CBC News, Toronto. And that is your world this hour. For CBC News, I'm Neil Kumar. Thank you.

There aren't comments yet for this episode. Click on any sentence in the transcript to leave a comment.