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PBS News Hour - Full Show

March 10, 2025 – PBS News Hour full episode

PBS News Hour - Full Show

PBS NewsHour

News, Daily News

4.42.1K Ratings

🗓️ 10 March 2025

⏱️ 53 minutes

🧾️ Download transcript

Summary

Monday on the News Hour, as recession fears and trade wars rattle the markets, we speak with Ontario's premier who's hitting back with tariffs on electricity to America. The government faces a deadline to pay billions in outstanding bills for aid work as it slashes 80 percent of USAID programs. Plus, Republican leadership tries to rally votes for a bill that would avoid a government shutdown. PBS News is supported by - https://www.pbs.org/newshour/about/funders

Transcript

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0:00.0

Good evening. I'm Omna Nawaz. Jeff Bennett is away. On the news hour tonight, recession fears, and trade wars continue to rattle the markets. We speak with Ontario's premier who's hitting back with his own tariffs on electricity to America. The United States government faces a deadline to pay billions of

0:22.8

dollars in outstanding bills for foreign aid work as it slashes 80% of USAID programs.

0:29.8

The disorderly manner in which this has happened, I think, has been wasteful, cruel, particularly

0:35.9

to vulnerable children, but also really chaotic.

0:39.3

And Republican leadership tries to rally the votes for a bill that would avoid a government shutdown. Welcome to the News Hour.

1:00.2

The U.S. markets plunged again today as investors worried about the economy and whether a recession could be on the horizon.

1:07.8

The Dow Jones Industrial average dropped nearly 900 points or more than 2%. The NASDAQ had

1:13.6

its worst session since 2022, and it was also the worst session of the year so far for the S&P 500.

1:20.5

The trade war, the President Trump initiated last week with the country's top trading partners,

1:25.4

Canada, Mexico and China, is a factor in the market's overall volatility.

1:30.1

And some 1.5 million Americans will soon see their electric bills rise by approximately $70 a month as a result of that trade war.

1:39.2

Ontario's premier, Doug Ford, announced earlier today he is slapping a 25% surcharge on the electricity,

1:46.6

his province exports to New York, Michigan, and Minnesota. Here now to explain why he's taking

1:52.2

that step is Premier Doug Ford. Welcome to the News Hours, Sir. Thanks for joining us.

1:57.9

Well, thank you so much, Alana, for having me on. And I just, I always start off with every

2:03.4

interview. I love Americans. I spend 20 years of my life there. I know Canadians love Americans.

2:09.8

And I know Americans love Canadians. This is so unnecessary what President Trump is doing,

2:15.2

not just Canada, but his own country.

2:18.4

Premier, if I may, why take this step now then?

2:21.0

What's the response you're hoping to get from the Trump administration?

2:24.3

Well, President Trump has said many times he's going to put a tariff on, then he pulls it off,

2:28.6

then he puts it back on.

...

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