World Report - Aug 07: Thursday's top stories in 10 minutes

Episode Date: August 7, 2025

As new tariffs kick in, US President Donald Trump looks forward not only to revenue, but also bringing manufacturing stateside.Brazil's President Luiz Inacio Lula da Silva says he is treating strategic minerals as a matter of national sovereignty. Israel's Army Chief and Prime Minister Benjamin Netanyahu do not see eye-to-eye on next steps in Gaza. At least 400 people in northern India need to be airlifted to safety, following flash flooding and landslides. Family of Indigenous man who died of cancer says Manitoba's healthcare system is racist. Costco customers shocked after someone drains all the funds from their digital "Shop" gift cards. Victoria Mboko reaches National Bank Open final with epic 3-set tiebreaker win. 

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Certain conditions apply. This is a CBC podcast. This is World Report. Good morning. I'm Sam Samson. The cost of goods entering the U.S. from dozens of countries is jumping. New tariffs between 10 and 50 percent are now in effect. And already, U.S. President Donald Trump is celebrating the revenue it will generate. The CBC's Tom Perry joins us from Washington.

Tom, what is Trump saying about all of this? Donald Trump was back on social media last night. He posted a message in all caps just before midnight. He said that reciprocal tariffs take effect at midnight tonight, billions of dollars, largely from countries that have taken advantage of the United States for many years, laughing all the way, will start flowing into the USA. So that was Trump declaring victory as his tariffs kicked in on more than 90 countries. So Brazil is facing a 50% tariff, Laos and Myanmar.

are at 40% Switzerland at 39. And these are countries that have not struck a deal with Trump, though. Even those countries that have are still getting hit. The European Union, for instance, has agreed to a 15% tariff on its goods. Now, Trump says he's not done. He's talking about a new tariff on semiconductors. Here's what he said about that yesterday. 100% tariff on all chips and semiconductors coming into the United States.

But if you've made a commitment to build or if you're in the process of building, as many are, there is no tariff. So that was Trump talking about a tariff on semiconductors. Now, America's neighbors, Canada and Mexico still haven't reached any agreement with Trump, and they're really still seeking clarity on what their largest trading partner expects from them. How are these tariffs being felt in the U.S.? Well, you know, Trump is not wrong when he says these tariffs are generating billions of dollars.

They brought in roughly $152 billion through July. But as economists point out, despite what Trump says, it's not foreign countries. or foreign governments that are paying these tariffs, that money is coming largely from U.S. and porters, and we've heard from U.S. businesses who are saying that they're going to have to raise prices. The latest monthly figures show appliances, clothing and furnishings got more expensive in June. We saw a weak U.S. jobs report last week that led Trump to fire the head of the U.S. Bureau of Labor statistics, so it's still early, but the impact of these tariffs is starting to ripple through the U.S. economy.

Tom Perry and Washington, thank you. Thank you. Brazil's president says he is treating his country's strategic minerals as a matter of national sovereignty. Louise Anasio Lula de Silva says what happened in the last century cannot happen again. He does not want Brazil to export its valuable natural resources just to have to buy them back later as expensive processed products. Brazil is facing a punishing 50% tariff on its goods in the United States.

Trump has been working to secure U.S. mineral supplies. Lula says his government will work to map Brazil's complete mineral wealth and set up a council to make sure Brazil retains control of its resources. Israel's Prime Minister, Benjamin Netanyahu, is meeting with his security cabinet today. He's expected to make his case for an expanded military action in Gaza. It's a move that would face huge opposition in Israel and internationally. Susan Ormiston is following the story in Tel Aviv. The government plan backed by Benjamin Netanyahu is being characterized as a five-month military maneuver that will push into Gaza City and try to move a million people towards

the south, according to sources speaking to Israeli media. These are areas not currently held or controlled by the IDF, and it's believed where the remaining 20 surviving hostages are held. Critics argue it would be extremely risky, endangering hostages and guaranteeing more Palestinian and IDF soldiers' deaths after already 22 months of war. Last night, the families of hostages scuffled with police during a protest around the Israeli military headquarters in Tel Aviv. We need your help that this time all 50 hostages will be released

because a month later, just a year ago, my family member was executed by Hamas terrorists. They've called Netanyahu's plan a disastrous decision. were to be voted in tonight. It could still be modified or changed. The move also signals the government has no current expectation for successful ceasefire talks. Hamas has hardened its position in recent days, saying it will not disarm before the guarantee of a Palestinian state. Egypt reports nearly a thousand trucks have been able to cross into Gaza over the last 10 days and improvement, but far below the basic needs of civilians. Daily distribution at the age of the air. centers backed by Israel and the U.S. are functioning, but they are chaotic and sometimes

deadly. Susan Ormiston, CBC News, Tel Aviv. In northern India, rescuers are evacuating people left stranded by flash flooding. People are being picked up by helicopter because many of the roads are washed out. Officials say about 400 people need to be rescued. So far, just half of them have been airlifted to safety. Intense rains triggered flooding and landslides this week, washing away cell towers and knocking out power. Manitoba health officials say Stephen Rockwell experienced racism in the final months of his life.

The 33-year-old father died from cancer. His loved ones say his health concerns were ignored because he is indigenous. As Ian Frey's reports, Rockwell's family still has lingering questions. He went somewhere where they were supposed to help him, and they didn't give him help. Stephen Rockwell was in remission from leukemia in late 2023 when his sister says he made three trips to the Thompson Hospital in severe pain. Stacey Rockwell says he was sent home without any medical testing and accused of just looking for drugs. When they let him suffer, that's wrong. His family says the hospital only treated him with urgency after a chiropractor fell.

something odd in his back. Stephen's cancer had returned. Four months later, in March 2024, he died. His family says his health issues were ignored because he was indigenous. And in July, officials, at the request of the health minister, met the family,

and agreed it was racism. Minister Yuzoma Asuera said, Cancer diagnosis is challenging for anyone. Adding experiences of racism into that health care journey is really just unfair. Northern Health runs the hospital. It expressed condolences to the family and says it's committed to eliminating indigenous-specific racism.

Stephen's mother, Leona Massan, still has questions. I was thinking, what if they would have listened to us? A heartbreaking loss, the family says, might have been avoided with more care. Ian Frays, CBC News, Winnipeg. A number of people who bought digital Costco gift cards say their cards have been drained of all the cash. The retailer is saying little about what happened, so reporter Sophia Harris went digging

and she found the problem maybe gift card fraud. I checked my balance and was shocked to find that there were zero dollars on there. Shelly Shoe of Perth, Ontario got a nasty surprise in June. She discovered someone had drained the roughly $200

on her digital Costco gift card known as a shop card. I was very upset. There are dozens more customer complaints online about drain shop cards. CBC News spoke with five affected customers. They said Costco offered few details about what happened, and two, including Shoe, are still fighting for a refund. Yeah, I'd been really disappointed with how Costco has managed this situation. Costco didn't respond to repeated requests for comment, but in a letter sent to some victims, the retailer stated its ongoing investigation

indicates that a limited number of digital shop cards may have been used by unauthorized individuals. They're aware there's an issue. Lawyer and business professor Daniel Chai says Costco needs to be transparent. The proper thing for Costco to do right now is to admit there's a problem and not let this fester. The Retail Council of Canada says Canadians lose millions of dollars each year due to gift card fraud. And those victims don't always get their money back. Tech analysts Ritesh Kotak says that needs to change. It is important that we create better mechanisms in place, more protection, and also remedies to,

make people whole that have been victimized by these fraudsters. $200, that's a good chunk of money. As for Shu, she's hopeful. Her refund is coming soon. Sophia Harris, CBC News, Toronto. Victoria Mbogo is hoping for a win at the Canadian Open Final tonight in Montreal, and her childhood coach will be cheering her on. Pierre LeMarche remembers how determined Mbocco was from a young age. He says she wanted to play at just four years old.

Vicki, quite simply, would walk on the court when I would work with Gracia, her sister, and Grasio would be picking up the ball, and Vicki would go and stand at the baseline, and simply the man that we feed her some balls. Tonight, Mboko faces four-time Grand Slam champion Naomi Osaka. The Canadian Open Women's Final gets started at 3 p.m. Pacific Time. And that is your latest national. and international news from World Report. I'm Sam Samson.

This is CBC News.