CBC News: The National | Trump’s trade rep defends tariff threat

[00:00:04]Tonight, Donald Trump's point man on trade defends the president's latest tariff threat against Canada.

[00:00:11]>> We're fighting against a ban on American liquor on shelves.

[00:00:16]>> The tough questions from some US lawmakers.

[00:00:19]>> It just seems to me that on tariffs, the administration has lost the plot.

[00:00:24]>> And what he said about possible trade deal timelines.

[00:00:29]New details about the Gordy How Bridge deal appear to contradict Mark Carney's earlier claims.

[00:00:34]>> It's a very bad deal for Canada in the string of a long list of bad deals for Canada.

[00:00:39]>> Why the US could walk away with an even larger share.

[00:00:44]Plus, dangerous and destructive tornadoes hitting with greater frequency.

[00:00:49]>> If it continues on like it has been the last several months, we're looking at a record season here.

[00:00:54]>> What's driving the unusually high numbers?

[00:00:59]From CBC News, this is the National with Katie Simpson.

[00:01:04]>> The White House is facing fresh blowback over its plan to hit Canada with more tariffs. This time from US senators. The US Trade Representative told a congressional committee Canada is getting the best treatment in the world, arguing that its retaliation in the trade war is extreme and new 50% tariffs are necessary. But some US lawmakers suggest Canada is getting worse treatment than China, an American adversary, vowing to try to take tariff power away from the president. But as Katie Nicholson shows us, the Trump administration brushed those concerns aside.

[00:01:43]>> As soon as Donald Trump's trade representative slid into his seat before a US Senate committee, >> the committee will come to order.

[00:01:49]>> He got an earful. It just seems to me that on tariffs, the administration has lost the plot.

[00:01:55]>> There were grievances about how Trump's policies have hit tourism.

[00:01:59]>> They're losing business daily to Canadians because they don't come down uh for their visits.

[00:02:05]>> Jameson Greer says Trump's latest slew of tariffs on Canada. Just a matter of retaliation against Canadian retaliation.

[00:02:14]>> We're fighting against a ban on American liquor on shelves. were fighting against hard caps on export American cars.

[00:02:22]>> Greer continuing that justification outside the room.

[00:02:26]>> The new 50% tariffs on Canada. Can you explain the timing? Why? Now, >> this is something that's been uh in preparation for some time. We have tried for over a year to get the Canadians to eliminate these things. Again, we've given them the best treatment available in the world in the past year or so. And despite that, they've still taken these actions. So, we thought it was necessary to elevate this. But Senate Democrats are also elevating things, announcing a congressional bill that would take tariff authority away from the US president. It's >> well past time to put Congress back in the driver's seat on trade.

[00:02:59]>> It's just basic common sense.

[00:03:01]>> And things got testy on the cost of Trump's tariffs to Americans. Has the USR ever produced any rigorous peer evaluated study refuting the fact that the president's tariffs have contributed to inflation? Or is your rebuttal to these conclusions just based on vibes?

[00:03:19]>> So, no, we don't do vibes. Senator >> Waro stressing that Trump's use of tariffs has been both costly and chaotic.

[00:03:27]>> This is hurting American businesses. is hurting consumers and it seems to have much more to do with whatever Donald Trump's feeling at this moment or or the next uh and very little to do with policy.

[00:03:39]>> With negotiations on revising KSMA stalled, Greer was also pushed on when smaller individual deals with Canada and Mexico might surface. I'm hopeful uh that before the end of the year uh we can have at least options for President Trump uh and the leaders of Canada andor Mexico to consider potential uh interim interim arrangements.

[00:04:02]>> Quer also told reporters despite the recent US escalation he's still having great interactions with his Canadian counterparts and as far as he's concerned this is all about business economics and the bottom line.

[00:04:14]>> Great interactions Katie but not formal talks. No, talks are ongoing with Mexico, just not Canada. And when you walk the halls of the capital, there are lots of people with business interests on both sides of the border. And the lack of a deal and the tariff curveballs make it difficult for them to plan to invest for the next quarter, the next year, and the future. All right, that's Katie Nicholson in Washington.

[00:04:38]Kate McKenna takes us now to Charlotte Town where the premers gather tonight and face a critical question about the new US tariffs. How will the provinces respond?

[00:04:49]>> We have about 27 28 days.

[00:04:51]>> With the clock ticking on the latest Trump tariff threat, Canada's premier say they're standing firm.

[00:04:56]>> As the recent announcement of new US tariffs has shown, we're living in a time when uncertainty is the new norm.

[00:05:03]At a meeting in Charlotte Town, with domestic issues like healthc care and public safety on the agenda, the threat of new 50% tariffs thrust trade into the spotlight after a US official warned the KOSMA renegotiation is set to stretch on until at least next year.

[00:05:20]>> I am bullish that we will be able to find that in the near term. However, I'm I'm not entirely confident that we will.

[00:05:25]I uh remain as uh bullish and maybe hopefully more optimistic as Premier Mo that that we can actually get a deal before the month is up. And questions dogged premers about what happens in 28 days when new tariffs kick in and whether retaliation is on the table.

[00:05:43]>> We know what assets we have and we know what assets they want from us. Uh and we've now seen because Trump has shown his hand what's irritating him. So you use that. You use that in discussions.

[00:05:53]We need to be frank with the Americans that they will not get uh the kind of access that they seek to what's in Canada if this is how the conduct's going to go.

[00:06:02]>> Ontario's economy could end up being hit harder than others.

[00:06:05]>> Everyone should be out there being a little more vocal.

[00:06:08]>> Premier Doug Ford says he wants to see a plan from Ottawa.

[00:06:11]>> I can't do it alone.

[00:06:12]>> I feel some days that I'm I'm standing alone protecting Canada and I need everyone else to get on side. But Manitoba's premier says whatever differences emerge, premers all want a solution.

[00:06:24]>> Nothing unites like a common opponent.

[00:06:26]And there's no more popular opponent in Canada right now than Donald Trump.

[00:06:30]>> Premers have said they want Ottawa to make the next move. And on Thursday, they'll have the chance to hear from the prime minister again as he joins them in person for the last day of meetings.

[00:06:40]Kate McKenna, CBC News, Charlotte Town.

[00:06:43]>> The Gordy How Bridge between Ontario and Michigan is set to open next week. Now there are new questions about what Mark Carney gave up to make that happen. A new document shows the US could end up with a bigger cut of the revenue than Ottawa initially claimed. JP Tasker explains.

[00:07:01]>> A new crossber bridge has exposed more fault lines in the Canada US relationship. The joint ribbon cutting ceremony for the Gordy How Bridge called off after the latest US tariff threat.

[00:07:13]And it would seem awful odd that we're going to get in the middle and celebrate, you know, this particular bational relationship at a time when the president continues to threaten Canada.

[00:07:23]>> Now, there are new questions about just how much Prime Minister Mark Carney gave up to get it open. Canada financed the $6.4 billion Windsor Detroit crossing alone. But to appease the Trump administration, Carney's government said it would split net profits with the Americans after factoring in debt payments. net profits. That's what we're sharing.

[00:07:45]>> However, a new document shows Ottawa will actually share 50% of net revenues after deducting some operating costs.

[00:07:53]And there's no mention of any debt charges. Still, this expert says the Americans stand to gain little money from the deal, at least initially.

[00:08:01]>> To be fair to the prime minister, one thing that he is right about is that uh the operating costs of the bridge are going to be very substantial. While the government's explanation of who gets what has evolved, industry minister Melanie Jolie says that's the nature of doing business with Donald Trump.

[00:08:18]>> There's a lot of unpredictability on the part of the US administration dealing with the world as it is.

[00:08:24]>> The opposition conservatives insist the prime minister is rolling over.

[00:08:28]>> It's a very bad deal for Canada in the string of a long list of bad deals for Canada over the last year and a half.

[00:08:33]>> Still, Mayor Dilkins says whatever the cost, it was worth it. The terms of the deal really don't provide the United States with much except some political speaking points for the president to look like he brought Canada down on Bentney when in fact I don't believe we're on Bentney.

[00:08:49]>> Despite the crossber drama, Canadian officials say the bridge will open to traffic on Monday. JP Tasker, CBC News, Ottawa.

[00:08:57]>> The US and Saudi Arabia have signed a nuclear deal. The 30-year agreement gives the kingdom access to American nuclear technology and expertise and could pave the way for it to enrich uranium. The program is intended for civilian nuclear power, but the crown prince has said Saudi Arabia would seek a nuclear weapon if Iran ever developed one. The deal still faces a review by Congress. Blocking it would require a twothirds majority.

[00:09:26]Donald Trump is ratcheting up his threats against Iran, saying the US will target civilian infrastructure each time Thran fires at a ship in the Strait of Hormuz. As Sasha Petraik shows us, Iran is responding with its own warnings of retaliation with neither side showing signs of backing down.

[00:09:46]>> As four US soldiers killed in the war with Iran came home, US President Donald Trump insisted the US has the upper hand. The war has public support.

[00:09:58]>> Americans don't want to high gasoline prices, but they're not against the war.

[00:10:03]>> But after a week and a half of renewed fighting, including Iranian attacks on ships in the straight of Hormuz, oil prices are going up again. And so are threats from both sides. In a post, Trump says anytime Iran shoots at a ship, the US will bomb and destroy one Iranian bridge or power plant.

[00:10:27]>> Bridges have already been hit by the US and so has civilian infrastructure in Gulf States by Iran. Iranian foreign minister Abbasari threatens more of that and to stop the flow of all oil from the region.

[00:10:44]Indeed, Iranian allies in Yemen, the Houthi militants, have vowed to block another key choke point for 7% of the world's oil, the southern entrance to the Red Sea. Saudi Arabia has kept oil flowing by rrooting it through pipelines west. But the Houthis now say they have fired on at least two Saudi tankers.

[00:11:07]It's Iran's own oil embargo, say M East experts. They're sanctioning the world in the way that they were sanctioned.

[00:11:13]They're used to this economic pain and they've discovered that they can inflict economic pain back on the rest of the world.

[00:11:20]>> Negotiations with Iran are on hold, says Washington.

[00:11:23]>> The problem we're having right now is that they're not serious about talks. If they're serious, we're serious. If they're not, then we will do what is necessary to protect that our interest and also the interest of our allies.

[00:11:34]Meanwhile, US bombing and Iranian drone and missile fire continues. Sasha Petrak, CBC News, Toronto.

[00:11:45]>> Former Venezuelan President Nicholas Maduro and his wife Celia Flores will go on trial next year. A New York judge scheduled the start date for June 1st, 2027.

[00:11:56]>> No worships, no >> worship, no. USA stay in your lane.

[00:12:04]>> Outside the courthouse, protesters for and against Maduro gathered. The couple was seized from the Caracus compound by US forces back in January. They face allegations of weapons and drug trafficking offenses which they deny.

[00:12:22]Angry demonstrations raged across India today where protesters are calling for the country's education minister to resign over leaked exam papers which affected about 2 million students.

[00:12:34]Opposition lawmakers shut down the Indian Parliament for the day in support of the students.

[00:12:40]Here at home, fastmoving wildfires continue to burn across the country. In BC's Fraser Canyon, three fires now surround the community of Boston Bar.

[00:12:51]The Anderson Creek fire ignited Tuesday and has already quadrupled in size.

[00:12:56]Other nearby fires prompted previous evacuation orders there, but the fear now is people may be left in the small community.

[00:13:04]>> We have a lot of elderly folks who don't have phones and don't know how to use them.

[00:13:12]>> Fires have also cut off several routes out. The forecast for the next 24 to 48 hours won't help matters.

[00:13:18]>> We are expecting fairly extreme vigorous fire behavior and overnight expecting uh winds to be around 30 to 35 gusting.

[00:13:27]>> The prime minister convened an incident response group Wednesday to discuss the fire situation across the country directing all levels of government to work together. It comes after scenes like this. Nameus Sagun First Nation in northwestern Ontario burned to the ground. Its chief is one of several leaders criticizing the government for not doing enough as people fled burning communities.

[00:13:52]Environment Canada now confirming that two tornadoes touched down in central Alberta on Saturday. Western provinces are bearing the brunt of what's shaping up to be a record tornado season. Joe Horwood shows us the heartbreaking damage and why the numbers are rising.

[00:14:09]There's trees laying on the roof.

[00:14:11]>> When a tornado hits, it can change lives.

[00:14:15]>> Yeah. Underneath there there's a backyard fire pit. We used to sit there and roast wieners and have a good time.

[00:14:24]>> This season, more tornadoes than usual are being counted from Alberta to Quebec.

[00:14:30]>> If it continues on like it has been the last several months, we're looking at a record season here, particularly the prairies. The Northern Tornadoes Project says Canada has seen 83 tornadoes this season. 70 of those in Saskatchewan, Manitoba, and Alberta.

[00:14:47]>> Well above the uh the 30-year average for those provinces. Uh in Alberta's case, it's like almost three times. He says higher moisture levels are adding fuel to storms as a heat dome over the US provides the lift required to create a tornado.

[00:15:06]>> So yeah, you don't get the fires, you get the thunderstorms and tornadoes instead, right?

[00:15:11]>> Environment and Climate Change Canada says better reporting of tornadoes is one likely reason for the increase.

[00:15:19]>> Everybody has cell phones now, so there's more social rep media reports than ever before. So, I think we're actually documenting more tornadoes. Not that there's actually more than there was previously, but we're able to find them.

[00:15:32]>> The Northern Tornadoes Project is using that data to improve tornado risk assessment.

[00:15:39]>> From where it come from, I don't know.

[00:15:41]>> Oh my goodness. and to advocate for better warning systems along with changes to building codes >> that will better keep the roof on a house, a better connections between the roof and the walls >> that could prevent more Canadians from losing their homes.

[00:16:00]>> It's disheartening, but nobody's injured, so that's the main thing. As tornado season peaks this month, Canadians should expect to see more alerts and possibly more cleanups. Joe Horwood, CBC News, Calgary.

[00:16:20]>> In from across the Arctic are meeting at an especially turbulent time.

[00:16:25]>> The expressed interest from the US is also a symbol of something bigger, a bigger change in the world. And that's what what concerns me the most. how they're responding to threats against security and sovereignty next.

[00:16:39]And Canadian honey producers are caught in a sticky [music] situation.

[00:16:44]>> It could be disastrous. I mean, one of our biggest buyers is all of a sudden out of the marketplace.

[00:16:50]>> The sting of US tariffs, [music and singing] >> plus an unexpected duet with a pop star.

[00:17:02][music] I was like, "Oh my god, Kesha is like 2 feet from my face."

[00:17:07]>> We're back in two.

[00:17:17]We're learning more about this scary scene on a Ryionaire flight earlier this month. A passenger was partially sucked out this broken window after takeoff in Greece. Now, the US Transportation Safety Board says it has not ruled out aircraft age or service issues that directly contradicts the airline, which suggested damage from a foreign object was to blame.

[00:17:42]Belove has reopened its Apollo gallery nine months after a daring heist exposed major security gaps at the Paris Museum.

[00:17:51]Thieves were able to make off with French crown jewels worth an estimated $12 million US. The gallery re reopened without some of those famous jewels.

[00:18:01]They'll eventually go back on display with added security.

[00:18:05]Inui delegates from four Arctic countries are gathered in Ecalowit today, eager to discuss their culture and their future as more and more countries covet their land and resources. As Wanita Taylor shows us, they're determined to stand together to protect what is theirs.

[00:18:23][music] >> A cultural performance from Greenland to kick off three days of important and timely discussions.

[00:18:31]>> The world is paying more attention to the Arctic, our homelands, than ever before.

[00:18:39]Arctic security, sovereignty and self-determination are on the agenda at the 15th General Assembly of the Inuit Circumpolar Council or ICC. It represents roughly 180,000 Inuit from Alaska, Canada, Greenland, and Russia who together sent about 70 delegates here.

[00:19:01]Despite all the hardships, this meeting is finally happening, said Arena Mishaova, who leads the Chakotka ICC in Russia's remote northeast. We are one.

[00:19:12]We are united. ICC was created in 1977 to advocate for Inuit rights. More recent threats to those rights mean the ICC's workload is growing, says the outgoing chair from Greenland. The expressed interest from the US is also a symbol of something bigger, a bigger change in the world. And that's what what concerns me the most.

[00:19:33]>> Herb Necamayak is president of ICC Canada.

[00:19:36]>> We want to ensure that uh we we're conserving the environment u protecting our culture and language and ways of life >> to build the future of the Arctic together.

[00:19:47]>> A message from Prime Minister Marney echoed a major theme here. So even as the world pays closer attention to the Arctic, you will decide what happens here.

[00:20:00]>> Inuit advocating together for future generations.

[00:20:04]I hope they will say that this was a generation of Inuit that chose hope over fear.

[00:20:12]>> The assembly wraps up on Saturday with Canada set to lead the ICC as chair until 2030. Wanita Taylor, CBC News.

[00:20:23]>> Canadian industries of all sizes are bracing for another round of US tariffs.

[00:20:28]>> We're a small little obscure industry.

[00:20:30]We do uh represent a lot to the overall economy.

[00:20:35]>> How honey producers are coping and a widening divide among conservative American women.

[00:20:42]>> I would gladly give up my right to vote to have a more conservative country.

[00:20:46]>> I think women should be voting. the fractures [music] forming ahead of the midterm elections. That's coming up.

[00:20:59]>> We're keeping the market access in Canada and Mexico. I talked with my Canadian counterpart yesterday. They did not say they're going to retaliate on what they're doing.

[00:21:08]>> That's US Trade Representative Jameson Greer at a congressional hearing justifying the 50% tariffs Washington says it's slapping on a wide range of Canadian goods. a little bit about >> one small industry grappling with looming tariffs is honey production.

[00:21:24]About half of what's made here goes to the US. As Cameron Macintosh shows us, beekeepers are shocked they're a target.

[00:21:33]>> So, how safe of is it is it to walk up to this?

[00:21:35]>> Well, I think we're going to be okay.

[00:21:37]These bees are pretty happy because they're foraging right now. You can >> No, Ian Steppler is not worried about bee stings.

[00:21:43]>> This time of year, we don't have a lot of trouble with them. It's the sting of a 50% US tariff.

[00:21:48]>> It could be disastrous. I mean, one of our biggest buyers is all of a sudden out of the marketplace, and we're like right in the middle of honey production season.

[00:21:58]>> Honey is his livelihood.

[00:21:59]>> I've I'm looking after roughly 100 150 million bees. [laughter] >> It's almost time for harvest.

[00:22:06]>> It's filling up. You can see all the the the cells being filled up.

[00:22:10]>> About 60% of Canadian honey is exported to the US. about $60 million. It's a small industry, but in the crosshairs of US President Donald Trump's administration, which says its 50% tariff threat on honey is a response to what it calls Canadian discrimination against US autoimp imports. The Canadian Honey Council says Trump is using honey as leverage.

[00:22:34]>> I think for sure there's a bigger game at play. I am very hopeful that a 50% tariff would never be imposed. It's intended to be destabilizing as we're working to repair our ruptured trade relationship. Um, you know, that said, the the tactics aren't entirely unfamiliar or unexpected.

[00:22:52]>> Every frame will be about 8 lb, 9 lbs of honey.

[00:22:55]>> Stepppler just wants to sell his honey.

[00:22:58]Beekeeping already has challenges.

[00:23:00]Climate change and disease threaten populations, but the Canadian industry is growing. Its survival critical to other aspects of agriculture as bees help pollinate many field crops. We're a small little obscure industry. We do uh represent a lot to the overall economy.

[00:23:18]While it's unclear how serious the Trump administration actually is about honey, that tariff threat stands. So does the uncertainty over the viability of this year's crop. Cameron Macintosh, CBC News, near Miami, Manitoba.

[00:23:32]The Trump presidency has been unprecedented for many reasons, but one of them is the amount of wealth the president has acrewed while in office.

[00:23:41]$2.4 billion US in this term, according to Forb's estimate. A big chunk of that came from his family's cryptocurrency ventures. But that is just the beginning. In the spring, Eli Glnerer took a closer look, starting with the Trump phone.

[00:23:58]Introducing the new T1 [music] phone from Trump mobile.

[00:24:01]>> All right, it's here. Sort of. After a long wait, the Trump phone is arriving.

[00:24:09]>> A powerful device designed for performance, reliability, and real American value.

[00:24:15]>> But what the phone is and isn't [music] is a goldplated symbol of a president profiting from the White House.

[00:24:23]And today we're here to introduce Trump Mobile.

[00:24:26]>> The Sega of the Trump phone begins back in June 2025. Trump Mobile is launched, promising to disrupt the telecom industry.

[00:24:36]>> Uh we've partnered with some of the greatest people in the industry to make sure that real Americans can get true value from their mobile carriers.

[00:24:43]>> For a $100 deposit, customers could purchase the T1 mobile phone for $499.

[00:24:50][music] According to moneywise.com, 590,000 customers did.

[00:24:55]>> Yeah, I'm Dom Preston. I'm a news editor at The Verge.

[00:24:58]>> But one of the phone's biggest claims soon began to shift.

[00:25:02]>> The big promise that everyone latched on to, of course, was that this phone was going to be made in the USA.

[00:25:06]>> It's about time we bring products back to our great country >> and that this would be sort of some big renewal of American manufacturing.

[00:25:14]>> In just [music] a few weeks, the claim was gone. The website now boasts a phone that is proudly American.

[00:25:21]>> Made in the USA is actually sort of a protected term that is governed by the FTC. There are requirements you have to meet for for what what meets that criteria.

[00:25:31]>> As customers waited and waited for their phones, Trump mobile updated their terms of service.

[00:25:37]>> People spotted that this had a lot of um maybe you'd say overly cautious legal legal boiler plate. Updated in April, the language warns the $100 deposit does not lock in pricing and that Trump Mobile is not responsible for a failure to release a device.

[00:25:55]>> There was no promise they would ever actually ship a phone. It has this kind of odd line about how they they don't promise they're going to make this thing basically. So, they were covered for any eventuality.

[00:26:05]>> That seems to be the bare minimum of uh the contract between the customer and the provider there. You would hope so, especially because they also said they wouldn't guarantee refunds. So, that >> still waiting for the phone he ordered.

[00:26:16]Looking at the specs, Preston isn't impressed.

[00:26:19]>> I would say this looks a lot more like the HTC [music] U24 Pro, which is also a phone from 2 years ago. That's a 2024 release. I'm not sure it actually released in the US. I think it was only in Asia primarily.

[00:26:31]>> And he has serious concerns for customers.

[00:26:34]>> If you buy a phone from Samsung or Google, they now explicitly promise you'll get seven years of software support with that phone. Tron Mobile is making absolutely no promises about how long it's going to support this thing.

[00:26:43]>> Engineered to keep up with your day.

[00:26:45]>> Your phone might still work fine at a couple years, but it might be an awful lot more vulnerable to hackers than it was at the beginning.

[00:26:51]>> And then there's the Trump mobile phone plan.

[00:26:53]>> On its own, 4745 is a really good deal.

[00:26:57]>> Christopher Ali is a professor of telecommunications. He warns because Trump mobile is just leasing Spectrum from T-Mobile. When the network gets crowded, T-Mobile users get served first.

[00:27:09]>> Or your Instagram posts aren't going to load quickly or may not load at all. Uh you may be not be able to send um that text or do that uh FaceTime right away.

[00:27:18]>> The phone is just part of a growing universe of Trump branded products.

[00:27:23]from his version of the holy book.

[00:27:26]>> I'm proud to endorse and encourage you to get this Bible >> to watches.

[00:27:30]>> Check out this red beauty. It's one of my new watches.

[00:27:33]>> And of course, the Trump branded merch.

[00:27:36]>> Give me all of them.

[00:27:37]>> Available from the Trump gift [music] shop located conveniently in the White House.

[00:27:41]>> I think that he is the greatest salesman ever.

[00:27:46]>> Dan Alexander is a senior editor at Forbes. Time and time again, he has shown that he's able to find markets, able to find products that people will buy that a lot of people scratch their head about.

[00:27:57]>> He says while Trump wasn't as aggressive about profiting from the presidency in his first term, that changed as the second election approached.

[00:28:05]>> He also was able to reset his business and say, "Okay, so that first time that I was president, I actually didn't make I tried to, but I didn't make any money on this whole thing. [laughter] Now I can reposition to ensure that I make a ton of money on what's the greatest branding opportunity that the world has to offer.

[00:28:25]>> So you're saying Dan, we had Project 2025, but we also had Project Trump and he made he made changes to get ready.

[00:28:33]>> That that's a great way of putting it.

[00:28:34]And if you want evidence for this, it's pretty clear. So, you know, right before the election, he starts setting up World Liberty Financial and nobody really pays any attention to it.

[00:28:46]>> Big news. The World Liberty Financial token sale is now live.

[00:28:50]>> And then he wins and all of a sudden, tons of money flows into it. And the way that that one was structured [music] is that of the money that goes in from selling their coins, the first like $15 million or so stayed in the project. And then after that, everything got split up. Donald Trump ends up personally getting a little bit more than 50% of the money that people are putting in.

[00:29:09]>> While the president's spokesperson says everything is above board, >> the president is abiding by all conflict of interest laws that are applicable to the president. [music] And I think everybody, the American public, believe it's absurd for anyone to insinuate that this president is profiting off of the presidency.

[00:29:26]>> Forbes estimates [music] prior to his second term, Trump was worth $2.3 billion US. Do we have a sense of his net worth these days?

[00:29:35]>> Oh gosh, it changes day by day. Let me get like an exact number for you so that then I uh >> adding up the value from Trump's real estate holdings, the various crypto ventures, and revenue from product [music] licenses.

[00:29:46]>> Right now, we estimate that Donald Trump is worth $6.2 billion.

[00:29:50]>> Zack Everson is the research director [music] for the public citizens Trump Accountability Project. How is this allowed? Are there not rules trying to [music] stop the president from benefiting while he's in office? There can't be conflicts of interest for the president and vice president. That's an American law. Typically, what precluded them from doing such things were norms, shame, you know, ethics. Uh these have gone out the window. Have you seen a a correlation between uh investment [music] in these in these crypto companies and the the way the White House is is moving in the world? Yeah, absolutely. And that's that's one of the things that goes back to the first term.

[00:30:38]You know, one did we have a good relationship with the country because they booked a suite of rooms at the DC hotel or was that we Trump liked that country anyways?

[00:30:47]Everson points to reporting from the Wall Street Journal that just before Trump was reelected, the United Arab Emirates national security adviser, [music] Shik Taun bin Zed al- Nayan, purchased a 49% stake in World Liberty Financial.

[00:31:02]Flash forward to Trump's first trip abroad after reelection where he announced a major export deal. You know, the big winner is again the UAE. They've been pushing to get these computer chips. They weren't able to get them under Biden. We were concerned they were going to be sold on to China. Now we went ahead and we allowed we were allowing those sales to go through.

[00:31:22]>> And while many of Trump's family [music] businesses grow richer and questions swirl about the president making stock trades on companies affected by his policies, Dan Alexander says the Trump presidency has established a corrosive new president. But I think you're going to need to see a figure from the Democratic party who is as blatant about making money from the presidency as Donald Trump has been for there to be the bipartisan consensus that this is something that the US needs to change.

[00:31:54]>> That 2.4 billion he's estimated to have brought in so far is three times what he made in 2024 and 6,000 times the current US presidential salary.

[00:32:06]A fault line is emerging among conservative women ahead of November's US midterm elections. Last month, I traveled to Texas where the split spilled out into the open.

[00:32:21]>> Nice to meet you.

[00:32:22]>> Are you planning on voting in the midterms? The people that voted for Trump are [music] just very fed up. Both my husband and I are really disappointed.

[00:32:33]What is the number one motivating factor for you when you decide, you know, who you're going to vote for?

[00:32:37]>> Um, I don't want a party that's going to tell my son he can cut off his penis.

[00:32:42]>> Your plan is to vote Republican.

[00:32:44]>> Yes.

[00:32:44]>> The Republican party is the party of freedom.

[00:32:53]>> [music] >> These are some of the voters that Donald Trump and his Republican party desperately need in order to hold on to power. Conservative, [music] mostly Christian women at a leadership summit hosted by Turning Point USA.

[00:33:10]The right-wing advocacy group led by Erica Kirk after the assassination of her husband, Charlie Kirk.

[00:33:18]>> Love you guys.

[00:33:21]Turning Point is influential with young voters. President Donald Trump has credited the organization with helping him get reelected and bringing more young voters into the conservative movement.

[00:33:32]>> It's such a great place to be in here in America is being young, being a female, being conservative, and they all just play hand in hand together.

[00:33:41]>> But fractures in this movement are emerging. a mainstage headliner is no longer backing Trump or Republicans, saying she won't vote in the midterms.

[00:33:51]>> He made it seem like everything was going to become more affordable. Now the economy is worse. You know, he promised no more wars in the Middle East and we are in a war. Uh so it's disappointing.

[00:34:02]>> Thank you so much.

[00:34:04]>> Savannah Stone is a 21-year-old tradife influencer with 800,000 followers on social media. She is a rising star in Christian conservative circles even though she embraces highly controversial fringe positions.

[00:34:20]>> I'm going to start this off really strong. I don't think women should vote anyways. If somebody asked me if the government was like, "Okay, if we could have a more conservative country if all women gave up their vote, I would gladly give up my right to vote to have a more conservative country."

[00:34:34]>> There's a lot of churches that talk about it. Stone argues that women voters are too liberal, so the US should shift [snorts] to a one vote per household system.

[00:34:43]>> Now, is that a hill I'm going to die on and run for office and try to complete?

[00:34:47]No. Um, that's not my main message.

[00:34:50]That's just one of the opinions that I hold because I think that would be better for society.

[00:34:54]>> I actually do agree with her. I would as well give up my vote if it took rid of like things like abortion. We spoke with several women open to giving up their own rights in pursuit of a more Christian conservative America.

[00:35:08]>> My perspective as a Christian woman um is that my husband and I are one flesh.

[00:35:15]I vote the same way he does. So honestly, I would be okay with giving up my right to vote because I know that he would represent me well.

[00:35:23]>> If my husband's the head of the household, I am the neck and and we work very cohesively together. So, I would imagine if he was voting on behalf of our household, I would be fine with that.

[00:35:33]>> Do you think your daughter should have the right to vote?

[00:35:35]>> I'd be okay if if she didn't because I also know she's going to marry a biblical man that they would also be in line.

[00:35:42]>> But the vast majority of women here say this remains a conversation for the fringe.

[00:35:48]>> I think the best thing that we can do is hold conferences like this to educate liberal women and hopefully sway them to the conservative side.

[00:35:55]>> I think women should be voting. Yeah, I don't want to give up my right to vote ever.

[00:36:03]>> And most women we spoke with plan to exercise their right to vote in the midterm elections. Most plan to support Republican candidates. Most are united by their socially conservative views.

[00:36:15]>> You know, it's all about the love.

[00:36:17]>> It's the transgender agenda. It's the um you know, I don't feel like schools need to be teaching. They go back to reading, writing, arithmetic. What is the number one motivating factor for you when you decide, you know, who you're going to vote for?

[00:36:30]>> Um, I don't want a party that's going to tell my son he can cut off his penis. I don't want to vote for a party that tells whites they don't matter.

[00:36:39]>> Oh, this is no place for Turning Point USA.

[00:36:42]>> They promote [music] bigotry. They promote racism. They promote, you know, things that were guess as human nature.

[00:36:51]Wherever this movement is headed, expect protests to follow.

[00:37:03]>> Are we having fun yet?

[00:37:04]>> Some demonstrators outside this event dressed as characters from The Handmaid's Tale, the dystopian book and TV series to make their point. I have a problem with them trying to persuade people that their goal in life as a woman is to keep house and raise babies.

[00:37:23]>> What you want to come say something to me, sweetheart?

[00:37:26]>> Yeah.

[00:37:28]>> Tensions here are raw. All of it. Yet another example of the deeply polarized politics of the moment.

[00:37:34]>> Women hold up the sky TO DIE.

[00:37:40]>> PROTECT PEDOPHILES.

[00:37:43]These protesters shouts infuriating some inside the women's summit.

[00:37:48]>> Happiness comes and goes, and I pray [music] that you find it, >> motivating others to push ahead to create the change they seek.

[00:38:01]After this story originally aired, it gained a lot of attention in the US and it sparked a heated debate, particularly online, about women's rights in America.

[00:38:14]Coming up, Japanese weather experts invent a whole new word to warn about the brutal heat.

[00:38:21]>> It reflect not just the temperature, but how the heat feels in their daily life.

[00:38:28]How Kokushobee has become a sobering signal of climate change. Next, public health officials in France say last month's historic heatwave coincided with many more deaths than usual, at least 5,700 more. That's a countrywide increase of 36%. In Paris, it was more than double that. France recorded its hottest days ever in late June.

[00:39:03]Residents of Tokyo seeking relief wherever they can find it as Japan sizzles under sweltering life-threatening heat. Wednesday's high topped 40° for the second day in a row.

[00:39:15]Once considered freak weather events, brutally hot days are becoming more common in Japan. So much so, the country's weather agency has created a new word to describe them. Johanna Wagstaff explains.

[00:39:30]Recent summers have been so hot in Japan, they've invented a new word to describe it. For heat that tops 40° C, the new word is kokoshobi. It roughly translates to cruy hot day. It's a move that makes sense if you know the language. Japan has spent centuries creating hundreds of nuanced words just for rain and blossoms. But Kokoi is different. It's a sobering modern addition to the lexicon by the Japan Meteorological Agency.

[00:39:59]>> It reflect not just the temperature, but how the heat feels in their daily lives like exhausting, overwhelming, or even dangerous. The word was chosen by the public via a national poll of nearly half a million people. The reason it's top of mind, 2025 was the hottest summer in Japan since records began in 1898. In fact, more than a third of all the 40°ree days ever recorded in the last 150 years have happened in just the last 3 years. The outlook for summer 2026 is also above normal. The IPCC and local meteorologists are warning that the combined effects of rising temps and humidity are increasingly posing a severe risk of mortality. They need people to take action.

[00:40:47]>> I think it's especially important for elderly, which would be one in three people over 65 years old in Japan. Um, and they really need to take heed in terms of caring for their bodies and themselves.

[00:40:59]>> Parts of Canada can certainly relate to this. Think of the sweltering, heavy days in southern Ontario and Quebec, where the humidity makes it nearly impossible for the body to cool itself through sweat. These are the most dangerous days of the year. In Japan, that humidity is relentless and months long, amplified by the heat island effect of these massive urban centers.

[00:41:20]>> Gradually, yearly, uh, the temperature is rising up. So maybe it's better to name the extreme hot day. It's a It's kind of a warning.

[00:41:32]>> Japan is trying to ensure its citizens know exactly what they're up against. By the way, the word that came in second place in that poll, Chomobi, which means super extremely hot day. But it seems extreme just doesn't cut it anymore.

[00:41:48]Already this month, more than 4,600 people have been taken to hospital in Japan to be treated for heat related symptoms.

[00:41:56]Coming up, pop star Kesha surprises a Newfoundland singer.

[00:42:01]>> She runs through a bunch of tables and comes up to the front of the stage and looks at me and she goes, "Can I sing with you?" [music] >> How her solo became a duet. Next in our moment.

[00:42:17]You're looking at Julia Dawson, a singer songwriter from St. John's, Newfoundland. She's on stage with her guitarist Bruce Smith [music] and an unexpected special guest.

[00:42:28]It started as just a regular gig until pop star Kesha showed up and joined them. So tonight, their performance makes our moment.

[00:42:37][music and singing] >> Bruce Smith and I were performing at Zimmy's at the Jag Hotel and Kesha popped up on stage with us to perform Come Together by the Beatles. [music] She has a white little tank top on and her little Daisy Dude black shorts, like jean shorts. She runs through a bunch of tables and comes up to the front of the stage and looks at me and she goes, "Can I sing with you?" And I still had at this point no idea that this was Kesha.

[00:43:01]The people in the audience didn't really realize that it was Kesha because she just looked so different. [music] >> She like jumps up on stage with us and sang the entirety of Come Together by the Beatles. She started harmonizing and as soon as she started singing that's when it clicked into me who it was. I was like oh my god Kesha I've been singing since I was around 10 years old.

[00:43:22]My full thing when I was singing with her was just like keep your cool. You're trained to do this. Kesha is a pop star.

[00:43:28]She has a persona on stage. I was like can I please give you a hug? She gave me the biggest hug ever. She jumped off of our stage and then went to Churchill Park and played for thousands of people.

[00:43:38]It was just incredible.

[00:43:41]So Julia was almost going to cancel this gig in order to go to the Kesha concert, but her mom convinced her to do the right thing and follow through on her commitments. She says it's a lesson to listen to your mom. From all of us here at the National, uh we want to thank you for being [music] with us. I'm Katie Simpson. Take care.

[00:44:04][music]