CBCNEWS — Live CBC Newsroom With Aarti Pole
20260806 140000 UTC
278 transcript segments
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[00:00:03] My favorite word? Tariff. How seriously are you
[00:00:05] taking this threat? It's the uncertainty that's the
[00:00:09] biggest issue. Canada, we got you elbows up.
[00:00:18] The news doesn't sleep. We are here to help you hit the ground
[00:00:21] running
[00:00:22] the headlines you need to know before you head out the door.
[00:00:26] Your news, your weather, your morning. Good Morning
[00:23:30] I can't really explain it, but something inside is telling
[00:23:35] me this is my time.
[00:23:37] There's no waiting for tomorrow, no such thing. I've got to show
[00:23:42] everyone how great I am. There's a place in history
[00:23:46] waiting for me.
[00:23:48] You don't know who I am.
[00:23:53] Just watch the Diamond League. Watch all season on CBC and CBC
[00:23:58] Jail.
[00:24:00] The hoops are heating up across the country. The Canadian Elite
[00:24:04] Basketball League is here and we haven't covered,
[00:24:07] including all regular season games on Jeb. The CEB L Watch
[00:24:12] all season on CBC and CBC. Jeb.
[00:30:37] The news doesn't sleep. We are here to help you hit the ground
[00:30:39] running. Your news, your weather,
[00:30:41] your morning. Good Morning Canada. CBC Morning Live with David.
[00:30:47] Odds on the prize, I'll say passionate. I got the
[00:30:50] sauce. Like Diana, vision, like medicine. They say
[00:30:53] patience is a virtue. So I went around the world and back again
[00:30:57] now and watch the NFL all season long on CBC and CBC Gem.
[00:31:01] My favorite word? Tariff. How seriously are you
[00:31:04] taking this threat? It's the uncertainty that's the
[00:31:08] biggest issue. Canada, we got you elbows up.
[00:44:03] Power and politics, the scale of the crisis and chaos and a day like this. We gotta get to the power panel
[00:44:08] early. Experts and party insiders break it all down.
[00:44:10] This is a shift in the Liberal position. And then the Tories
[00:44:13] are just left to say, well, you're not moving fast and
[00:44:16] making sense of our world. Conditions have gotten pretty
[00:44:19] bad and they look like they're gonna get worse. Can't now walk
[00:44:22] that back because governing is a lot harder than campaigning.
[00:44:25] He's a drag on his own party, extremely difficult choices.
[00:44:28] The Power Panel on power and politics with David Cochrane, weekdays on CBC News.
[00:44:33] Wanna get the most out of CBC News?
[00:44:35] Use the app or CBC news.ca for live breaking news on the
[00:44:39] stories that matter to you. Walk us through this. Whether
[00:44:42] you're an information hound or you're playing catch up,
[00:44:45] we've got the news you want your way. So where does that
[00:44:49] leave things with real time updates on major events as they
[00:44:52] happen? What's the reaction been?
[00:44:54] CBC News keeps you connected. A potential attack forwarded.
[00:44:58] Whether it's local, national or around the world,
[00:45:01] turn to CBC News.
[00:57:33] Hi there, Canada.
[00:57:35] Hi Siri,
[00:57:37] How are you holding up?
[00:57:42] It's been difficult to say the least.
[00:57:46] I intend to resign as party leader, as Prime Minister.
[00:57:51] The funny, not so funny thing about the
[00:57:54] world right now
[00:57:56] is the thing that can consume your thoughts
[00:57:59] is the thing you maybe didn't see coming.
[00:58:03] My favorite word? Tariff
[00:58:06] is going to be cracking down. Minimum 10% tariff on all
[00:58:10] imports. Some contracts are already getting cancelled.
[00:58:13] Facing a potential 25 or even 50% tariff on steel exports.
[00:58:16] We're already hearing about layoffs. Feeling the financial
[00:58:20] pain of Canada's 25% counter tariffs. He believes that
[00:58:23] Canadians would benefit greatly from becoming the 51st state
[00:58:26] when our sovereignty is threatened.
[00:58:29] You do what you can. He is trying to break us. So you have
[00:58:33] questions. How should Canadians be preparing for that next trip?
[00:58:37] What is your plan? How seriously are you taking
[00:58:40] this threat of 100% tariffs on foreign made films?
[00:58:43] A lot of questions. How is Hamilton bracing for tariff
[00:58:46] impact? When we talk about counter
[00:58:48] terrorists, do those affect you? How much does it cost to be
[00:58:52] patriotic when picking items at the grocery store?
[00:58:55] And while your elbows have been up, elbows up.
[00:59:00] For us, it's the sleeves rolled up.
[00:59:02] Because you need answers about your neighborhood, your world,
[00:59:07] your Canada,
[00:59:09] and what it means for all of us to say we are Canadian.
[00:59:17] Our journalists countrywide and all over the world are on the
[00:59:21] case.
[00:59:23] Do you think you're gonna have to close?
[00:59:26] I hate to think about that.
[00:59:34] I'm about 15 kilometers from the Russian border. Where are
[00:59:38] Canada's allies? Where are Canada's markets?
[00:59:41] What is this country's place on the planet?
[00:59:43] It's the uncertainty that's the
[00:59:46] this issue. What is the next thing to happen and what will
[00:59:50] it mean for all of us? We assume that it will be a
[00:59:54] difficult Rd. Canada. We got you and we are right there
[00:59:59] right beside you trying to make sense of it with you.
[01:00:24] I'm Adrian Arsenal, chief correspondent for CBC
[01:00:26] News. We are on the ground taking you to where the story
[01:00:30] is happening, giving you the Canadian
[01:00:32] perspective on world events. This is CBC News.
[01:05:50] WASHINGTON THIS WEEK. >> IRAN SAYS IT IS CLOSING IN ON
[01:05:54] >> IRAN SAYS IT IS CLOSING IN ON A DEAL OVER THE STRAIT OF
[01:05:56] A DEAL OVER THE STRAIT OF HORMUZ, BUT IT IS NOT THE ONE
[01:05:58] HORMUZ, BUT IT IS NOT THE ONE U.S. PRESIDENT DONALD TRUMP WAS U.S. PRESIDENT DONALD TRUMP WAS HOPING FOR.
[01:06:01] HOPING FOR. >> WE WERE -- WE WERE ALL SET >> WE WERE -- WE WERE ALL SET FOR THE BIGGEST ATTACK SINCE
[01:06:05] FOR THE BIGGEST ATTACK SINCE WORLD WAR II, AND THEY CALLED ME WORLD WAR II, AND THEY CALLED ME AND THEY SAID, PLEASE DON'T DO
[01:06:08] AND THEY SAID, PLEASE DON'T DO IT, LET'S TALK. IT, LET'S TALK. AND THEN THEY DON'T -- THEY SAY, AND THEN THEY DON'T -- THEY SAY, WE NEVER SAID THAT.
[01:06:12] WE NEVER SAID THAT. YOU KNOW WHAT? YOU KNOW WHAT? THE FAKE NEWS KNOWS THEY DID SAY THE FAKE NEWS KNOWS THEY DID SAY THAT.
[01:06:15] THAT. BUT WE ARE TALKING. BUT WE ARE TALKING. LET'S SEE WHAT HAPPENS.
[01:06:18] LET'S SEE WHAT HAPPENS. >> IRAN SAYS IT IS CLOSE TO
[01:06:20] >> IRAN SAYS IT IS CLOSE TO FINALIZING A PLAN WITH OMAN FOR
[01:06:23] FINALIZING A PLAN WITH OMAN FOR COMMERCIAL SHIPPING THROUGH THE COMMERCIAL SHIPPING THROUGH THE STRAIT.
[01:06:26] STRAIT. THAT DEAL, THOUGH, WOULDN'T THAT DEAL, THOUGH, WOULDN'T AUTOMATICALLY REOPEN THE
[01:06:29] AUTOMATICALLY REOPEN THE WATERWAY. WATERWAY. IRAN IS ALSO DENYING ANY ONGOING
[01:06:32] IRAN IS ALSO DENYING ANY ONGOING TALKS WITH THE U.S., EVEN AS TALKS WITH THE U.S., EVEN AS DONALD TRUMP CLAIMED THIS WEEK
[01:06:35] DONALD TRUMP CLAIMED THIS WEEK THAT HIS OWN DEAL IN THE STRAIT
[01:06:37] THAT HIS OWN DEAL IN THE STRAIT OF HORMUZ COULD HAPPEN SOON.
[01:06:39] OF HORMUZ COULD HAPPEN SOON. >>> LET'S BRING IN JULIA CHAPMAN >>> LET'S BRING IN JULIA CHAPMAN FROM LONDON FOR MORE ON THIS.
[01:06:44] FROM LONDON FOR MORE ON THIS. WHAT IS IN THIS TENTATIVE
[01:06:46] WHAT IS IN THIS TENTATIVE AGREEMENT BETWEEN IRAN AND OMAN? AGREEMENT BETWEEN IRAN AND OMAN? >> WELL, SUSAN, THE LITTLE
[01:06:50] >> WELL, SUSAN, THE LITTLE DETAIL THAT WE DO HAVE COMES DETAIL THAT WE DO HAVE COMES FROM A SPOKESPERSON FOR IRAN'S
[01:06:53] FROM A SPOKESPERSON FOR IRAN'S FOREIGN MINISTRY, AND HE SAYS FOREIGN MINISTRY, AND HE SAYS TODAY THAT THE TWO COUNTRIES
[01:06:57] TODAY THAT THE TWO COUNTRIES OMAN AND IRAN ARE DISCUSSING OMAN AND IRAN ARE DISCUSSING FINAL DETAILS ABOUT THE
[01:07:01] FINAL DETAILS ABOUT THE COORDINATES THAT WOULD BE USED COORDINATES THAT WOULD BE USED FOR SHIPS TO TRANSIT THE STRAIT
[01:07:05] FOR SHIPS TO TRANSIT THE STRAIT OF HORMUZ. OF HORMUZ. HE DOESN'T SPECIFY WHAT THOSE
[01:07:07] HE DOESN'T SPECIFY WHAT THOSE ARE, BUT REPORTS SUGGEST THAT IT ARE, BUT REPORTS SUGGEST THAT IT WOULD INVOLVE SHIPS ENTERING THE
[01:07:11] WOULD INVOLVE SHIPS ENTERING THE PERSIAN GULF BY TRANSITING PERSIAN GULF BY TRANSITING IRANIAN WATERWAYS, USING THE
[01:07:15] IRANIAN WATERWAYS, USING THE IRANIAN ROUTE, AND LEAVE THE IRANIAN ROUTE, AND LEAVE THE PERSIAN GULF BY GOING ON THE
[01:07:19] PERSIAN GULF BY GOING ON THE SOUTHERN ROUTE PAST THE UAE AND
[01:07:21] SOUTHERN ROUTE PAST THE UAE AND OMAN, AVOIDING THAT MIDDLE BIT OMAN, AVOIDING THAT MIDDLE BIT OF THE STRAIT OF HORMUZ WHICH IS
[01:07:25] OF THE STRAIT OF HORMUZ WHICH IS HEAVILY MINED. HEAVILY MINED. THE SPOKESPERSON DOESN'T MAKE
[01:07:28] THE SPOKESPERSON DOESN'T MAKE ANY MENTION OF TOLLS, WHICH IS ANY MENTION OF TOLLS, WHICH IS SOMETHING IRAN HAS BEEN SOMETHING IRAN HAS BEEN DEMANDING.
[01:07:32] DEMANDING. IT'S BEEN A RED LINE IN
[01:07:33] IT'S BEEN A RED LINE IN NEGOTIATIONS WITH THE U.S.
[01:07:36] NEGOTIATIONS WITH THE U.S. OMAN IS REPORTEDLY TRYING TO OMAN IS REPORTEDLY TRYING TO FIND SOME MIDDLE GROUND ON THAT
[01:07:40] FIND SOME MIDDLE GROUND ON THAT FRONT. FRONT. AND A SPOKESPERSON FOR THE AND A SPOKESPERSON FOR THE IRANIAN FOREIGN MINISTRY ALSO
[01:07:44] IRANIAN FOREIGN MINISTRY ALSO SAYS THAT THIS DOESN'T GUARANTEE SAYS THAT THIS DOESN'T GUARANTEE SECURITY FOR SHIPS TRAVELLING
[01:07:47] SECURITY FOR SHIPS TRAVELLING THROUGH THE STRAIT BECAUSE IT THROUGH THE STRAIT BECAUSE IT DEPENDS ON THIRD PARTIES NOT
[01:07:50] DEPENDS ON THIRD PARTIES NOT OBSTRUCTING ANY PROGRESS. OBSTRUCTING ANY PROGRESS. THE STRAIT OF HORMUZ HAS BEEN A
[01:07:53] THE STRAIT OF HORMUZ HAS BEEN A REALLY BIG STICKING POINT IN REALLY BIG STICKING POINT IN NEGOTIATIONS WITH IRAN AND THE
[01:07:57] NEGOTIATIONS WITH IRAN AND THE U.S. U.S. AND IT HAS HAD A HUGE IMPACT ON AND IT HAS HAD A HUGE IMPACT ON THE GLOBAL ECONOMY, BECAUSE
[01:08:01] THE GLOBAL ECONOMY, BECAUSE BEFORE THE WAR, ABOUT 20% OF OIL
[01:08:04] BEFORE THE WAR, ABOUT 20% OF OIL TRANSIT GLOBALLY WENT THROUGH TRANSIT GLOBALLY WENT THROUGH THERE WATERWAY.
[01:08:07] THERE WATERWAY. TODAY, WE HAVE SEEN OIL PRICES TODAY, WE HAVE SEEN OIL PRICES FOR SLIGHTLY ON THE NEWS THAT
[01:08:11] FOR SLIGHTLY ON THE NEWS THAT THERE COULD BE A DEAL THERE COULD BE A DEAL IMMINENTLY, SUSAN.
[01:08:14] IMMINENTLY, SUSAN. >> BUT, GOSH, JULIA, AS YOU >> BUT, GOSH, JULIA, AS YOU DESCRIBED, THERE'S SO MANY
[01:08:18] DESCRIBED, THERE'S SO MANY CONDITIONS ON EVEN A TENTATIVE CONDITIONS ON EVEN A TENTATIVE DEAL BETWEEN THESE TWO COUNTRIES
[01:08:20] DEAL BETWEEN THESE TWO COUNTRIES AND OF COURSE IT'S UNCLEAR AND OF COURSE IT'S UNCLEAR WHETHER THE U.S. IS PART OF THE
[01:08:24] WHETHER THE U.S. IS PART OF THE DISCUSSIONS ON THAT STRAIT DISCUSSIONS ON THAT STRAIT REOPENING.
[01:08:27] REOPENING. SO LOTS TO DIG INTO IN THE SO LOTS TO DIG INTO IN THE COMING HOURS AND DAYS.
[01:08:30] COMING HOURS AND DAYS. AND ALSO WE'RE HEARING REPORTS
[01:08:31] AND ALSO WE'RE HEARING REPORTS THAT THE U.S. IS RUNNING LOW ON
[01:08:35] THAT THE U.S. IS RUNNING LOW ON MUNITIONS AFTER MONTHS OF ITS MUNITIONS AFTER MONTHS OF ITS WAR WITH IRAN. WAR WITH IRAN. HOW IS THE WHITE HOUSE
[01:08:39] HOW IS THE WHITE HOUSE RESPONDING TO THAT? RESPONDING TO THAT? >> IT IS DENYING THAT.
[01:08:42] >> IT IS DENYING THAT. WE HAVE BEEN HEARING FROM WE HAVE BEEN HEARING FROM AMERICAN MEDIA THAT THERE IS A
[01:08:45] AMERICAN MEDIA THAT THERE IS A SHORTAGE NOW OF PRECISION
[01:08:48] SHORTAGE NOW OF PRECISION MUNITIONS, INCLUDING THE ATTACK MUNITIONS, INCLUDING THE ATTACK MANIES MISSILES AND PRECISION
[01:08:52] MANIES MISSILES AND PRECISION STRIKE MISSILES. STRIKE MISSILES. THAT COMES AFTER EARLIER REPORTS
[01:08:55] THAT COMES AFTER EARLIER REPORTS THAT AIR DEFENCE MISSILES WERE THAT AIR DEFENCE MISSILES WERE ALSO SHORT. ALSO SHORT. BUT PRESIDENT DONALD TRUMP
[01:08:59] BUT PRESIDENT DONALD TRUMP OVERNIGHT SAYS THAT IS NOT TRUE. OVERNIGHT SAYS THAT IS NOT TRUE. HE SAYS THE U.S. HAS A
[01:09:02] HE SAYS THE U.S. HAS A MASSIVE -- MASSIVE AMOUNTS OF MASSIVE -- MASSIVE AMOUNTS OF MUNITIONS, LARGE AMOUNTS ARE
[01:09:06] MUNITIONS, LARGE AMOUNTS ARE BEING MANUFACTURED AND HE GOES BEING MANUFACTURED AND HE GOES ON TO THREATEN ANYBODY WHO IS
[01:09:09] ON TO THREATEN ANYBODY WHO IS LEAKING INFORMATION SUGGESTING LEAKING INFORMATION SUGGESTING THERE IS A SHORTAGE TO THE
[01:09:12] THERE IS A SHORTAGE TO THE MEDIA, EVEN THREATENING LONG MEDIA, EVEN THREATENING LONG JAIL SENTENCES FOR THAT.
[01:09:15] JAIL SENTENCES FOR THAT. BUT WE HAVE BEEN HEARING FROM BUT WE HAVE BEEN HEARING FROM SCOTT CLANCY, THE FORMER
[01:09:18] SCOTT CLANCY, THE FORMER DIRECTOR OF OPERATIONS FOR DIRECTOR OF OPERATIONS FOR NORAD, AND HE SAYS THAT THE
[01:09:22] NORAD, AND HE SAYS THAT THE SHORTAGE OF MUNITIONS WAS A SHORTAGE OF MUNITIONS WAS A PROBLEM EVEN BEFORE THE WAR IN
[01:09:25] PROBLEM EVEN BEFORE THE WAR IN IRAN. IRAN. TAKE A LISTEN. TAKE A LISTEN. >> SUPPLY CHAINS OF THE UNITED
[01:09:29] >> SUPPLY CHAINS OF THE UNITED STATES AND ITS MILITARY HAVE STATES AND ITS MILITARY HAVE BEEN UNDER ATTACK FOR A BEEN UNDER ATTACK FOR A SIGNIFICANT AMOUNT OF TIME, WHEN
[01:09:33] SIGNIFICANT AMOUNT OF TIME, WHEN I SAY UNDER ATTACK I MEAN I SAY UNDER ATTACK I MEAN BECAUSE THEY'VE BEEN GILADING
[01:09:36] BECAUSE THEY'VE BEEN GILADING THEM AT UNPRECEDENTED LEVELS. THEM AT UNPRECEDENTED LEVELS. IT'S BEEN PREDICTED FOR A FEW
[01:09:39] IT'S BEEN PREDICTED FOR A FEW YEARS NOW, THAT THE UNITED YEARS NOW, THAT THE UNITED STATES IS GOING TO MEET ONE
[01:09:43] STATES IS GOING TO MEET ONE SUPPLY CHAIN PROBLEM BECAUSE THE SUPPLY CHAIN PROBLEM BECAUSE THE DEMAND CANNOT MEET THE
[01:09:46] DEMAND CANNOT MEET THE PRODUCTION OF THE U.S. BIG,
[01:09:48] PRODUCTION OF THE U.S. BIG, ESPECIALLY THE BIG DEFENCE ESPECIALLY THE BIG DEFENCE CONTRACTORS.
[01:09:51] CONTRACTORS. >> RESEARCHERS SUGGEST THAT THIS >> RESEARCHERS SUGGEST THAT THIS LEAVES THE U.S. VULNERABLE IN
[01:09:54] LEAVES THE U.S. VULNERABLE IN OTHER ARENAS LIKE THE PACIFIC, OTHER ARENAS LIKE THE PACIFIC, AND THEY SAY IT COULD TAKE UP TO
[01:09:58] AND THEY SAY IT COULD TAKE UP TO 3 YEARS FOR THE COUNTRY TO
[01:10:01] 3 YEARS FOR THE COUNTRY TO REPLENISH ITS STOCKS TO THE REPLENISH ITS STOCKS TO THE LEVELS BEFORE THE WAR IN IRAN.
[01:10:04] LEVELS BEFORE THE WAR IN IRAN. >> ALL RIGHT, WE'LL BE LOOKING >> ALL RIGHT, WE'LL BE LOOKING FOR ANY DEVELOPMENTS ON
[01:59:48] Hi there Canada, my favorite word.
[01:59:51] Tariff. We're already hearing about layoffs.
[01:59:54] So you have questions? How seriously are you taking this threat?
[01:59:57] How is Hamilton bracing for tariff impact?
[02:00:00] Our journalist countrywide and all over the world are on the
[02:00:04] case. Canada, we got you and we are right
[02:00:08] there, right beside you trying to make
[02:00:11] sense of it with you.
[02:00:24] I'm Adrian Arsenal, chief correspondent for CBC
[02:00:26] News. We are on the ground taking you to where the story
[02:00:30] is happening, giving you the Canadian
[02:00:32] perspective on world events. This is CBC News.
[02:05:50] WASHINGTON THIS WEEK. >> IRAN SAYS IT IS CLOSING IN ON
[02:05:54] >> IRAN SAYS IT IS CLOSING IN ON A DEAL OVER THE STRAIT OF
[02:05:56] A DEAL OVER THE STRAIT OF HORMUZ, BUT IT IS NOT THE ONE
[02:05:58] HORMUZ, BUT IT IS NOT THE ONE U.S. PRESIDENT DONALD TRUMP WAS U.S. PRESIDENT DONALD TRUMP WAS HOPING FOR.
[02:06:01] HOPING FOR. >> WE WERE -- WE WERE ALL SET >> WE WERE -- WE WERE ALL SET FOR THE BIGGEST ATTACK SINCE
[02:06:05] FOR THE BIGGEST ATTACK SINCE WORLD WAR II, AND THEY CALLED ME WORLD WAR II, AND THEY CALLED ME AND THEY SAID, PLEASE DON'T DO
[02:06:08] AND THEY SAID, PLEASE DON'T DO IT, LET'S TALK. IT, LET'S TALK. AND THEN THEY DON'T -- THEY SAY, AND THEN THEY DON'T -- THEY SAY, WE NEVER SAID THAT.
[02:06:12] WE NEVER SAID THAT. YOU KNOW WHAT? YOU KNOW WHAT? THE FAKE NEWS KNOWS THEY DID SAY THE FAKE NEWS KNOWS THEY DID SAY THAT.
[02:06:15] THAT. BUT WE ARE TALKING. BUT WE ARE TALKING. LET'S SEE WHAT HAPPENS.
[02:06:18] LET'S SEE WHAT HAPPENS. >> IRAN SAYS IT IS CLOSE TO
[02:06:20] >> IRAN SAYS IT IS CLOSE TO FINALIZING A PLAN WITH OMAN FOR
[02:06:23] FINALIZING A PLAN WITH OMAN FOR COMMERCIAL SHIPPING THROUGH THE COMMERCIAL SHIPPING THROUGH THE STRAIT.
[02:06:26] STRAIT. THAT DEAL, THOUGH, WOULDN'T THAT DEAL, THOUGH, WOULDN'T AUTOMATICALLY REOPEN THE
[02:06:29] AUTOMATICALLY REOPEN THE WATERWAY. WATERWAY. IRAN IS ALSO DENYING ANY ONGOING
[02:06:32] IRAN IS ALSO DENYING ANY ONGOING TALKS WITH THE U.S., EVEN AS TALKS WITH THE U.S., EVEN AS DONALD TRUMP CLAIMED THIS WEEK
[02:06:35] DONALD TRUMP CLAIMED THIS WEEK THAT HIS OWN DEAL IN THE STRAIT
[02:06:37] THAT HIS OWN DEAL IN THE STRAIT OF HORMUZ COULD HAPPEN SOON.
[02:06:40] OF HORMUZ COULD HAPPEN SOON. >>> LET'S BRING IN JULIA CHAPMAN >>> LET'S BRING IN JULIA CHAPMAN FROM LONDON FOR MORE ON THIS.
[02:06:44] FROM LONDON FOR MORE ON THIS. WHAT IS IN THIS TENTATIVE
[02:06:46] WHAT IS IN THIS TENTATIVE AGREEMENT BETWEEN IRAN AND OMAN? AGREEMENT BETWEEN IRAN AND OMAN? >> WELL, SUSAN, THE LITTLE
[02:06:50] >> WELL, SUSAN, THE LITTLE DETAIL THAT WE DO HAVE COMES DETAIL THAT WE DO HAVE COMES FROM A SPOKESPERSON FOR IRAN'S
[02:06:53] FROM A SPOKESPERSON FOR IRAN'S FOREIGN MINISTRY, AND HE SAYS FOREIGN MINISTRY, AND HE SAYS TODAY THAT THE TWO COUNTRIES
[02:06:57] TODAY THAT THE TWO COUNTRIES OMAN AND IRAN ARE DISCUSSING OMAN AND IRAN ARE DISCUSSING FINAL DETAILS ABOUT THE
[02:07:01] FINAL DETAILS ABOUT THE COORDINATES THAT WOULD BE USED COORDINATES THAT WOULD BE USED FOR SHIPS TO TRANSIT THE STRAIT
[02:07:05] FOR SHIPS TO TRANSIT THE STRAIT OF HORMUZ. OF HORMUZ. HE DOESN'T SPECIFY WHAT THOSE
[02:07:07] HE DOESN'T SPECIFY WHAT THOSE ARE, BUT REPORTS SUGGEST THAT IT ARE, BUT REPORTS SUGGEST THAT IT WOULD INVOLVE SHIPS ENTERING THE
[02:07:11] WOULD INVOLVE SHIPS ENTERING THE PERSIAN GULF BY TRANSITING PERSIAN GULF BY TRANSITING IRANIAN WATERWAYS, USING THE
[02:07:15] IRANIAN WATERWAYS, USING THE IRANIAN ROUTE, AND LEAVE THE IRANIAN ROUTE, AND LEAVE THE PERSIAN GULF BY GOING ON THE
[02:07:19] PERSIAN GULF BY GOING ON THE SOUTHERN ROUTE PAST THE UAE AND
[02:07:21] SOUTHERN ROUTE PAST THE UAE AND OMAN, AVOIDING THAT MIDDLE BIT OMAN, AVOIDING THAT MIDDLE BIT OF THE STRAIT OF HORMUZ WHICH IS
[02:07:25] OF THE STRAIT OF HORMUZ WHICH IS HEAVILY MINED. HEAVILY MINED. THE SPOKESPERSON DOESN'T MAKE
[02:07:28] THE SPOKESPERSON DOESN'T MAKE ANY MENTION OF TOLLS, WHICH IS ANY MENTION OF TOLLS, WHICH IS SOMETHING IRAN HAS BEEN SOMETHING IRAN HAS BEEN DEMANDING.
[02:07:32] DEMANDING. IT'S BEEN A RED LINE IN
[02:07:33] IT'S BEEN A RED LINE IN NEGOTIATIONS WITH THE U.S.
[02:07:36] NEGOTIATIONS WITH THE U.S. OMAN IS REPORTEDLY TRYING TO OMAN IS REPORTEDLY TRYING TO FIND SOME MIDDLE GROUND ON THAT
[02:07:40] FIND SOME MIDDLE GROUND ON THAT FRONT. FRONT. AND A SPOKESPERSON FOR THE AND A SPOKESPERSON FOR THE IRANIAN FOREIGN MINISTRY ALSO
[02:07:44] IRANIAN FOREIGN MINISTRY ALSO SAYS THAT THIS DOESN'T GUARANTEE SAYS THAT THIS DOESN'T GUARANTEE SECURITY FOR SHIPS TRAVELLING
[02:07:47] SECURITY FOR SHIPS TRAVELLING THROUGH THE STRAIT BECAUSE IT THROUGH THE STRAIT BECAUSE IT DEPENDS ON THIRD PARTIES NOT
[02:07:50] DEPENDS ON THIRD PARTIES NOT OBSTRUCTING ANY PROGRESS. OBSTRUCTING ANY PROGRESS. THE STRAIT OF HORMUZ HAS BEEN A
[02:07:53] THE STRAIT OF HORMUZ HAS BEEN A REALLY BIG STICKING POINT IN REALLY BIG STICKING POINT IN NEGOTIATIONS WITH IRAN AND THE
[02:07:57] NEGOTIATIONS WITH IRAN AND THE U.S. U.S. AND IT HAS HAD A HUGE IMPACT ON AND IT HAS HAD A HUGE IMPACT ON THE GLOBAL ECONOMY, BECAUSE
[02:08:01] THE GLOBAL ECONOMY, BECAUSE BEFORE THE WAR, ABOUT 20% OF OIL
[02:08:04] BEFORE THE WAR, ABOUT 20% OF OIL TRANSIT GLOBALLY WENT THROUGH TRANSIT GLOBALLY WENT THROUGH THERE WATERWAY.
[02:08:07] THERE WATERWAY. TODAY, WE HAVE SEEN OIL PRICES TODAY, WE HAVE SEEN OIL PRICES FOR SLIGHTLY ON THE NEWS THAT
[02:08:11] FOR SLIGHTLY ON THE NEWS THAT THERE COULD BE A DEAL THERE COULD BE A DEAL IMMINENTLY, SUSAN.
[02:08:14] IMMINENTLY, SUSAN. >> BUT, GOSH, JULIA, AS YOU >> BUT, GOSH, JULIA, AS YOU DESCRIBED, THERE'S SO MANY
[02:08:18] DESCRIBED, THERE'S SO MANY CONDITIONS ON EVEN A TENTATIVE CONDITIONS ON EVEN A TENTATIVE DEAL BETWEEN THESE TWO COUNTRIES
[02:08:20] DEAL BETWEEN THESE TWO COUNTRIES AND OF COURSE IT'S UNCLEAR AND OF COURSE IT'S UNCLEAR WHETHER THE U.S. IS PART OF THE
[02:08:24] WHETHER THE U.S. IS PART OF THE DISCUSSIONS ON THAT STRAIT DISCUSSIONS ON THAT STRAIT REOPENING.
[02:08:27] REOPENING. SO LOTS TO DIG INTO IN THE SO LOTS TO DIG INTO IN THE COMING HOURS AND DAYS.
[02:08:30] COMING HOURS AND DAYS. AND ALSO WE'RE HEARING REPORTS
[02:08:31] AND ALSO WE'RE HEARING REPORTS THAT THE U.S. IS RUNNING LOW ON
[02:08:35] THAT THE U.S. IS RUNNING LOW ON MUNITIONS AFTER MONTHS OF ITS MUNITIONS AFTER MONTHS OF ITS WAR WITH IRAN. WAR WITH IRAN. HOW IS THE WHITE HOUSE
[02:08:39] HOW IS THE WHITE HOUSE RESPONDING TO THAT? RESPONDING TO THAT? >> IT IS DENYING THAT.
[02:08:42] >> IT IS DENYING THAT. WE HAVE BEEN HEARING FROM WE HAVE BEEN HEARING FROM AMERICAN MEDIA THAT THERE IS A
[02:08:45] AMERICAN MEDIA THAT THERE IS A SHORTAGE NOW OF PRECISION
[02:08:48] SHORTAGE NOW OF PRECISION MUNITIONS, INCLUDING THE ATTACK MUNITIONS, INCLUDING THE ATTACK MANIES MISSILES AND PRECISION
[02:08:52] MANIES MISSILES AND PRECISION STRIKE MISSILES. STRIKE MISSILES. THAT COMES AFTER EARLIER REPORTS
[02:08:55] THAT COMES AFTER EARLIER REPORTS THAT AIR DEFENCE MISSILES WERE THAT AIR DEFENCE MISSILES WERE ALSO SHORT. ALSO SHORT. BUT PRESIDENT DONALD TRUMP
[02:08:59] BUT PRESIDENT DONALD TRUMP OVERNIGHT SAYS THAT IS NOT TRUE. OVERNIGHT SAYS THAT IS NOT TRUE. HE SAYS THE U.S. HAS A
[02:09:02] HE SAYS THE U.S. HAS A MASSIVE -- MASSIVE AMOUNTS OF MASSIVE -- MASSIVE AMOUNTS OF MUNITIONS, LARGE AMOUNTS ARE
[02:09:06] MUNITIONS, LARGE AMOUNTS ARE BEING MANUFACTURED AND HE GOES BEING MANUFACTURED AND HE GOES ON TO THREATEN ANYBODY WHO IS
[02:09:09] ON TO THREATEN ANYBODY WHO IS LEAKING INFORMATION SUGGESTING LEAKING INFORMATION SUGGESTING THERE IS A SHORTAGE TO THE
[02:09:12] THERE IS A SHORTAGE TO THE MEDIA, EVEN THREATENING LONG MEDIA, EVEN THREATENING LONG JAIL SENTENCES FOR THAT.
[02:09:15] JAIL SENTENCES FOR THAT. BUT WE HAVE BEEN HEARING FROM BUT WE HAVE BEEN HEARING FROM SCOTT CLANCY, THE FORMER
[02:09:18] SCOTT CLANCY, THE FORMER DIRECTOR OF OPERATIONS FOR DIRECTOR OF OPERATIONS FOR NORAD, AND HE SAYS THAT THE
[02:09:22] NORAD, AND HE SAYS THAT THE SHORTAGE OF MUNITIONS WAS A SHORTAGE OF MUNITIONS WAS A PROBLEM EVEN BEFORE THE WAR IN
[02:09:25] PROBLEM EVEN BEFORE THE WAR IN IRAN. IRAN. TAKE A LISTEN. TAKE A LISTEN. >> SUPPLY CHAINS OF THE UNITED
[02:09:29] >> SUPPLY CHAINS OF THE UNITED STATES AND ITS MILITARY HAVE STATES AND ITS MILITARY HAVE BEEN UNDER ATTACK FOR A BEEN UNDER ATTACK FOR A SIGNIFICANT AMOUNT OF TIME, WHEN
[02:09:33] SIGNIFICANT AMOUNT OF TIME, WHEN I SAY UNDER ATTACK I MEAN I SAY UNDER ATTACK I MEAN BECAUSE THEY'VE BEEN GILADING
[02:09:36] BECAUSE THEY'VE BEEN GILADING THEM AT UNPRECEDENTED LEVELS. THEM AT UNPRECEDENTED LEVELS. IT'S BEEN PREDICTED FOR A FEW
[02:09:39] IT'S BEEN PREDICTED FOR A FEW YEARS NOW, THAT THE UNITED YEARS NOW, THAT THE UNITED STATES IS GOING TO MEET ONE
[02:09:43] STATES IS GOING TO MEET ONE SUPPLY CHAIN PROBLEM BECAUSE THE SUPPLY CHAIN PROBLEM BECAUSE THE DEMAND CANNOT MEET THE
[02:09:46] DEMAND CANNOT MEET THE PRODUCTION OF THE U.S. BIG,
[02:09:48] PRODUCTION OF THE U.S. BIG, ESPECIALLY THE BIG DEFENCE ESPECIALLY THE BIG DEFENCE CONTRACTORS.
[02:09:51] CONTRACTORS. >> RESEARCHERS SUGGEST THAT THIS >> RESEARCHERS SUGGEST THAT THIS LEAVES THE U.S. VULNERABLE IN
[02:09:54] LEAVES THE U.S. VULNERABLE IN OTHER ARENAS LIKE THE PACIFIC, OTHER ARENAS LIKE THE PACIFIC, AND THEY SAY IT COULD TAKE UP TO
[02:09:58] AND THEY SAY IT COULD TAKE UP TO 3 YEARS FOR THE COUNTRY TO
[02:10:01] 3 YEARS FOR THE COUNTRY TO REPLENISH ITS STOCKS TO THE REPLENISH ITS STOCKS TO THE LEVELS BEFORE THE WAR IN IRAN.
[02:10:04] LEVELS BEFORE THE WAR IN IRAN. >> ALL RIGHT, WE'LL BE LOOKING >> ALL RIGHT, WE'LL BE LOOKING FOR ANY DEVELOPMENTS ON
[02:59:48] Hi there Canada, my favorite word.
[02:59:51] Tariff. We're already hearing about layoffs.
[02:59:54] So you have questions? How seriously are you taking this threat?
[02:59:57] How is Hamilton bracing for tariff impact?
[03:00:00] Our journalist countrywide and all over the world are on the
[03:00:04] case. Canada, we got you and we are right
[03:00:08] there, right beside you trying to make
[03:00:11] sense of it with you.
[03:00:24] I'm Adrian Arsenal, chief correspondent for CBC
[03:00:26] News. We are on the ground taking you to where the story
[03:00:30] is happening, giving you the Canadian
[03:00:32] perspective on world events. This is CBC News.