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One World with Zain Asher
CNN International: Global Markets Rise After Trump Tariffs Triggered Massive Sell-Off; China Slams U.S. "Economic Bullying", Vows To Fight Back; Growing International Fallout Over Trump Tariff Plan. Aired 11a-12p ET
Aired April 08, 2025 - 11:00 ET
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
[11:00:00]
ZAIN ASHER, HOST, "ONE WORLD": All right. The Dow is surging for the moment, as markets bounce back from their tariff doom spiral.
BIANNA GOLODRYGA, HOST, "ONE WORLD": What a dizzying few days. One World starts right now.
So, how will Trump's tariffs impact U.S. farmers and the cost of our food? We'll be joined by two farming officials for a deeper dive into the local
impact of tariffs.
ASHER: Plus, two Chinese citizens, fighting for Russia, have been taken prisoner in eastern Ukraine, according to Volodymyr Zelenskyy.
GOLODRYGA: And CNN speaks with the youngest head coach to win the NCAA National Championship since 1983. I'm not mad at last night results. That
was a great game.
(CROSSTALK)
GOLODRYGA: We will have his remarks following his incredible win.
All right. Hello, everyone. Live from New York, I'm Bianna Golodryga.
ASHER: I'm Zain Asher. You are watching One World.
Global markets are literally catching their breath right now and really regaining some ground after days of massive sell-offs, triggered, of
course, by Donald Trump's trade war, but another major escalation could indeed be looming large.
GOLODRYGA: Yeah. Here in the U.S., stocks opened 13 point -- 1,300 points higher, following a day of wild swings on Wall Street. Right now, you see
the Dow up about 2.5 percent, S&P 500 also about 2.5 percent, and the NASDAQ up over three percent. European markets also rebounding following
their worst four-day drop since 2020, and Asian markets now reversing course after posting historic losses on Monday.
ASHER: Yeah. Still, the uncertainty driving market volatility is intensifying, with the world's two largest economies threatening to inflict
further damage. China is vowing to retaliate if President Trump follows through on his threat to impose an extra 50 percent tariff on U.S. imports
on Wednesday, but the U.S. Treasury Secretary warns that Beijing is playing with a losing hand.
(BEGIN VIDEO CLIP)
SCOTT BESSENT, U.S. TREASURY SECRETARY: I think it was a big mistake, this Chinese escalation, because they're playing with a pair of twos.
Traditionally, if you look at the history of the trade negotiations, the -- we are the deficit country. So, what do we lose by the Chinese raising
tariffs on us? We export one fifth to them of what they export to us. So, that is a losing hand for them.
(END VIDEO CLIP)
GOLODRYGA: CNN's Anna Stewart is in London. Kevin Liptak joins us from the White House.
Kevin, let's start with you, and it's notable to see the Treasury Secretary out there on television today after reports that it was actually some of
his urging of the President over the weekend to at least set a course of when there could be an end date out of these tariffs for markets, for all
of this uncertainty here, for investors around the world. And this morning, he said, no, no. This is all the President's doing, but even the President
yesterday saying, look, some of this may be permanent, but we are also open to negotiations. And according to the White House, some 70 countries have
now reached out. What more are we hearing, as this deadline is looming for the reciprocal tariffs to go into effect at midnight?
KEVIN LIPTAK, CNN SENIOR WHITE HOUSE REPORTER: Yeah, and you're right that the focus today is very much on these trade deals that American trading
partners are now clamoring to try and strike with President Trump. And you're right. We did hear from officials yesterday describing this trip
that Bessent took to Mar-a-Lago over the weekend to try and instill in the President this notion that an end game needed to be clearer for an American
public, that at that point wasn't necessarily understanding what the goal of these tariffs were. And in his view, the end game are these trade deals
that American partners are now rushing to Washington to try and strike.
And we have heard a number of officials out this morning describing this rapid pace effort now to try and reach good terms with these countries in
the hopes of easing these tariffs. We heard from Kevin Hassett, the top trade advisor, who said that prioritizing these countries would start with
American allies, start with countries with the largest trade deficits with the United States, and sort of work the way down the list. We heard from
Bessent, who said that these trade negotiations could occur very quickly.
Of course, the question is, how this is all going to unfold with the dozens of countries that the President has slapped these new reciprocal tariffs
on? You can't negotiate with 100 countries at the same time. So, the question is, how you prioritize? Who will go first? And we do get a better
sense of that based on the President himself. He said, yesterday he spoke with the Japanese Prime Minister.
[11:05:00]
Now a Japanese delegation is coming to the United States to begin talks with Bessent and the U.S. Trade Representative. And the President said
today that he spoke with the acting President of South Korea, and now that country is sending its own delegation to the U.S. to try and strike some of
these trade deals. So, you do get a better sense of how this is all unfolding going forward. The question, of course, is, whether these trade
talks can happen quickly enough for the tariffs not to take effect at midnight tonight, and there is no sign today, at this hour that the
President is planning to ease off, even as these trade negotiations are now underway in earnest.
The other question that I think is looming over all of this is, what happens with China? And we did hear from the President today, who says
that, in his view, China does want to make a trade deal, but at this point, in his words, they don't know how to get it started. And he says, we're
waiting for their telephone call. Of course, the tariffs on China could have the most effect on the global economy. There is already that 20
percent tariff when it comes to fentanyl. He is talking about ratcheting it up to 34 percent with the reciprocal tariffs, and now he is talking about
an additional 50 percent tariff for their own retaliatory tariffs, bringing it to 104 percent tariff on American -- or on Chinese imports into the
U.S., which would be an enormous figure.
We don't have a sense yet that China has reached out to start these negotiations that the other countries have started. And so, I think that is
one of the big questions that is hanging over these tariffs, as they're set to take effect tonight.
ASHER: All right. Kevin Liptak live for us there. Thank you.
Anna Stewart, let me bring you in. Obviously, it has been a dizzying few days for the markets, not just U.S. markets, but of course, European
markets as well. We're seeing stocks rebound today. Just walk us through how much of that is to do with the fact that there has been some positive
movement in terms of negotiations with a handful of countries, including India, including Israel, versus just the fact that investors want to take
some of those gains off the table. Just give us your take on that.
ANNA STEWART, CNN CORRESPONDENT: We are seeing quite a lot of relief today on global markets. But, of course, we're not necessarily seeing that much
relief when it comes to trade policy. We can take you to the Asian markets. They were significantly higher, particularly, actually the Nikkei in Japan,
I'd say that's one bright spot where we did hear from President Trump last night that there are talks under underway with Japan. So, perhaps that's
actually a genuine sort of feed through from policy through to the markets. Elsewhere, we could be seeing a dead cat bounce, as in -- we could see a
sell-off continue, or we could be seeing perhaps some sort of rebalancing of where prices will be. All we can do is wait for tomorrow at this stage.
But, we have seen some efforts for negotiations, for instance, with the EU, the EU Commission President mentioning that they would be happy to do a
zero tariff on industrial goods if they had the same for the United States. But, President Trump made very clear that that wasn't enough last night,
and what we're genuinely hearing is that tariffs will be implemented tomorrow. So, really not much of a reprieve. And while talks are underway,
no one from the White House is willing at this stage to say whether or not the President would deem them significant enough to walk back any of the
tariffs. So, relief on the markets, but I'd say not nearly enough relief when it comes to the actual trade policy.
GOLODRYGA: All right. Anna Stewart, thank you so much.
Well, the Senate Finance Committee is hearing testimony from Donald Trump's Trade Representative Jamieson Greer on the U.S. President's trade war. Take
a listen to this exchange he had with U.S. Senate Democrat Ron Wyden just a short time ago.
(BEGIN VIDEO CLIP)
SEN. RON WYDEN (D-OR): What's the status of China? As you know, that's a big market for us in the Pacific Northwest. What's the status of
discussions there? I don't see much progress. What I see is, it looks like it's going to escalate and escalate some more and hurt our consumers and
our small businesses in our part of the world.
JAMIESON GREER, UNITED STATES TRADE REPRESENTATIVE: Well, Senator, unfortunately, China, for many years, seems to be choosing its own path on
market access. Again, they have agency in this. They elected to announce retaliation. Other countries did not. Other countries signaled that they
would like to find a path forward on reciprocity. China has not said that, and we will see where that goes.
(END VIDEO CLIP)
GOLODRYGA: Jamieson Greer are also noting that these trade concerns will not be resolved overnight.
Let's get reaction from China itself. As we've been reporting it, is accusing the U.S. of economic bullying, saying that we'll fight back, after
Donald Trump threatened an additional 50 percent tariffs on goods.
ASHER: Yeah. Beijing says the U.S. President would be making a, quote, "mistake on top of a mistake", and is accusing the U.S. of blackmail.
Here is Marc Stewart, who is in Beijing for us, with more.
(BEGIN VIDEOTAPE)
MARC STEWART, CNN CORRESPONDENT: Despite what the White House may want, Beijing is making it clear, it's not budging, as we see a shift from
diplomacy to defiance, among the reactions to the potential, the additional 50 percent tariffs, strong language from China's Ministry of Commerce,
calling it a mistake upon a mistake, saying China will resolutely take countermeasures to safeguard its own rights and interests.
[11:10:00]
One commentator from Chinese state media posted possible countermeasures could include more tariffs on U.S. agricultural products like soybeans, as
well as restricting or banning American films. Tuesday afternoon at the daily press briefing, the Ministry of Foreign Affairs kept firm with their
messaging.
LIN JIAN, SPOKESPERSON, CHINESE MINISTRY OF FOREIGN AFFAIRS (Interpreted): Pressure, threats and blackmail are not the right ways to engage with
China. If the U.S. disregards the interests of both countries and the international community, insist on launching a tariff or trade war, China
will fight to the end.
STEWART: We're also getting comments from Beijing following U.S. Vice President J.D. Vance's remarks last week that the U.S. has been borrowing
money from, quote, "Chinese peasants". The spokesperson calls his words "ignorant and impolite". As far as trade talks between the U.S. and China,
Beijing feels the U.S. isn't showing a genuine willingness for serious dialog.
Marc Stewart, CNN, Beijing.
(END VIDEOTAPE)
GOLODRYGA: And from Beijing to beyond, let's get more on the growing international fallout over Donald Trump's tariff plan. Justin Wolfers is
Professor of Economics and Public Policy at the University of Michigan, and joins us from Ann Arbor. Justin, on the one hand, I love seeing you as much
as we have the past few days, but every time we do, it suggests that things are not going well in the economy. So, take that however you want to
interpret it. But, let's talk about, here we are just hours away from this deadline tonight where reciprocal tariffs will go into effect. And you
heard the Treasury Secretary say that it was a big mistake for China to escalate the way it did, because, according to him, they're playing with a
pair of twos.
Let me ask you, China is saying they're fighting till the very end. What impact -- how can they retaliate against the United States, and what impact
could that have on Americans?
JUSTIN WOLFERS, PROFESSOR OF ECONOMIC AND PUBLIC SAFETY, UNIVERSITY OF MICHIGAN: Well, China is a major trading partner of the United States, one
of our top couple. And these tariffs, the funny thing is, in fact, it's President Trump who is cutting us off from China. Many American businesses
rely on imports from China as raw materials into their later production processes.
You and I probably have, maybe I don't, but you may have an iPhone in your back pocket. It was put together in China. If we can't use those efficient
manufacturing places, then that iPhone might end up costing more than $2,000, and then, of course, China is a major market for the United States,
where we sell, certainly my industry, education, we have many Chinese students visit, huge tourist industry, huge buyer of agricultural goods,
and as Trump ratchets up the tariffs and China matches, then that's going to be a whole lot less demand for the goods that our farmers are making.
ASHER: Justin, I want to play some sound from Peter Navarro, the White House trade advisor, what he said on Fox News on Monday. Let's roll it, and
then I'll ask you a question on the back of it.
(BEGIN VIDEO CLIP)
PETER NAVARRO, WHITE HOUSE TRADE ADVISOR: Dow, 50,000, I guarantee that, and I guarantee no recession. OK? Why? Because when we pass the biggest,
broadest tax cut in history, within a matter of months, that's going to be a great stimulus. There is not going to be any inflation.
(END VIDEOTAPE)
ASHER: Really? So, no recession. No major price hikes. No inflation. Give us your take on what Peter Navarro said earlier this week.
WOLFERS: Let me be clear, it is nonsense, but I want to be clearer than that. This isn't a talking head saying it is nonsense. Right now, I'm going
to offer Peter Navarro a bet. I bet you $100,000 the Dow won't be above 50,000 by the end of the Trump administration. If you like that bet, Peter,
give me a call. And if you like it a lot, I'm willing to mortgage my house and double. Of course he is not going to call. Of course he is not going to
call. It's blabber. It's nonsense. He is making it up. And by the way, I should tell you, I just made that call without even talking to my wife
about it. So -- and the good thing is, I'm not going to be in trouble, because it's the single best bet you've ever seen.
So, look, I'm deeply worried that we're going to enter a recession. It's not a sure thing, but to blithely ignore the possibility is utter nonsense.
GOLODRYGA: Well, you know who may take that bet and double it or triple it or quadruple it. Surely he can afford it, is Elon Musk as well, because, as
you know, he has had a sort of public spat with Navarro for the last few days over this issue. And Peter Navarro was on television just yesterday
talking about this and suggesting that Elon Musk, among other things, is a car maniac. He is a car assembler. He is not a car manufacturer. He doesn't
understand how this works, and if anything, he is doing this because he is concerned about his own pocketbook, to which Elon Musk responded with this
post, Navarro is truly a moron. What he says here is demonstrably false.
[11:15:00]
And I'm asking you, in a week where there is so much concern about uncertainty. We see what that can do to the stock market. We see what that
can do in terms of business and consumer confidence. When you have the President's top advisors sparring and going at each other over an issue
this significant, what does that tell you about global confidence in this administration?
WOLFERS: The confidence, or the lack of confidence that people have in this administration has come purely from the tremendous policy mistakes that
they've been making. Look, Elon made a bunch and he made a lot of false promises about savings that never materialized, but Peter Navarro appears
to really have the President's ear.
We had a moment yesterday where the stock market, there was a rumor that went around that Trump was going to delay the tariffs for 90 days, not get
rid of them, delay them for 90 days. That caused the value of U.S. stocks to rise by $7 trillion. It was just -- sorry, $4 trillion, just an
astonishing movement. So, that is the market saying we are worried about what the President is doing here.
And the thing about Navarro is, and here is my plea to the President, call any economist, any economist from the phone book. Look anyone up online. It
doesn't have to be me. It doesn't have to be a left winger or right winger, anyone, just anyone who has taken an economics course, whose last name is
not Navarro, and they will tell you that this is mistaken. So, the great tragedy here is not just that we have a President with mistaken ideas, but
that he managed to recruit the one economic advisor who shares those same mistaken ideas.
ASHER: Just quickly, Justin, I'm not sure if you listened to Jamieson Greer, the U.S. Trade Representative, speaking on Capitol Hill. He is
currently speaking right now. One of the things he mentioned, as he was speaking to politicians, was essentially saying that the U.S. right now is
talking and negotiating with about 50 countries, telling them all, listen, if you have a better idea in terms of how to achieve reciprocity with the
U.S., we want to talk to you. I mean, that just sounds like such a cumbersome way of negotiating. You're essentially negotiating with the
entire world at once.
What do you make of the way in which tariffs were imposed during this Trump administration, this time around, just this idea of blanket tariffs on the
entire world, instead of what we saw in the first term of specific, targeted tariffs on specific products with specific countries?
WOLFERS: Look, this is a tariff plan looking for a rationale. You could say it's about national security, but then why would you put it on every good?
Why do we have tariffs on leather saddles if it's national security? It could be about manufacturing. But then, why are we putting tariffs on
vanilla from Madagascar? It could be about the U.S. trade balance, but they're not -- they're simply not going to work. It could be about
reciprocity, but why aren't these tariffs actually tailored to the specific tariffs that other countries have?
So, we have a set of tariffs. The problem is, and you saw it on the Sunday shows, the Cabinet secretaries fanned out. None of them could defend what
we're doing. It could be that what we're trying to do is bring business back to America, but if that's the case, people would come back to America
because they expect tariffs to be high in the future. But, if that's the case, then we couldn't possibly be wanting to negotiate a better deal.
I find it kind of funny that the number one talking point out of the U.S. Trade Representative is every country has been calling us this week. That's
proof the policy is working. That's like calling my plumber during a winter storm. All of their customers call them during a winter storm because the
pipes are freezing. That's not evidence of good news. That's evidence that you've got some very upset trading partners who need something fixed right
away.
GOLODRYGA: Even that questionable formula that they use with those fancy Greek numbers and letters seems to have been wrong in terms of how it was
applied. We had experts on this morning who said that if they were to use that formula, you should actually deduct about four times the tariff rate
that the U.S. had put forward on these countries, which would take it to, all of them, around 10 percent tariffs, as opposed to the figures that we
now see.
Justin Wolfers --
ASHER: Always good. Always good.
GOLODRYGA: -- thank you so much. I want to call Betsy and tell her about that $100,000 bet you just made with Peter Navarro.
ASHER: He is obviously going to win. So you wouldn't even get in trouble anyway.
GOLODRYGA: Yeah. He is not worried.
WOLFERS: Well, he is going to put in Navarro too.
(CROSSTALK)
GOLODRYGA: Yes. Exactly. Thanks, Justin.
ASHER: Thank you.
All right. Stay with us for more on the widening impact of Donald Trump's tariffs. In the next hour, we're going to be speaking to Jennifer Hillman,
who is the Co-Director of the Institute of International Economic Law.
GOLODRYGA: Up next on One World for us, more developments in the war in Ukraine, as Volodymyr Zelenskyy says Chinese nationals are now fighting for
Russia and his country.
ASHER: Plus, the Supreme Court weighs in on Donald Trump's deportation push. We'll explain two apparent wins for the White House.
[11:20:00]
(COMMERCIAL BREAK)
ASHER: All right. Ukraine's President says he has proof that Russia has no interest in ending the war in Ukraine.
GOLODRYGA: Yeah. Volodymyr Zelenskyy says his army engaged with a group of soldiers from China who were fighting for Russia. He says two of the
Chinese soldiers have been captured, and his government is reaching out to Beijing for an explanation as to why Chinese nationals are involved in this
fight. Zelenskyy says bringing China into a European war is a clear sign Vladimir Putin wants to continue fighting and not make peace.
ASHER: Let's go to CNN's Fred Pleitgen with more on this. This idea that Ukraine has essentially captured Chinese fighters working on behalf of the
Russians, is really significant. What more do we know, Fred?
FREDERIK PLEITGEN, CNN SENIOR INTERNATIONAL CORRESPONDENT: Well, it's extremely significant, because, of course, the Ukrainians have been saying
that there is a lot of other nationalities that are also fighting against them, at the behest of Russia. Of course, those North Koreans that we've
been talking about for quite a while fighting in the Kursk region. But, in this case, the Ukrainians, Volodymyr Zelenskyy, the President of Ukraine,
offered quite a lot of detail actually. He says this was a battle engagement that took place in the east of Ukraine, in the Donetsk area of
Ukraine, that it was a group of Ukrainians fighting against six Chinese nationals, and the two of them were then captured.
And Zelenskyy claims that there is evidence that these are indeed Chinese nationals. He said that there are documents, there are passports, and that
there are even credit cards proving that these people are Chinese nationals. And the Ukrainians believe that there are actually a significant
number more Chinese nationals also fighting on the side of Russia.
And what the Ukrainians have also pointed out is that when it came, for instance, to those North Korean troops that were on the ground fighting on
the side of the Russians, that that happened on Russian soil. It happened in the Kursk region of Russia, where, of course, the Ukrainians had a
foothold, and still have a little bit of a foothold, but it was Russian territory, and this, however, happened in the east of Ukraine, in the
Donetsk area of Ukraine. And so, this shows, the Ukrainians say, Volodymyr Zelenskyy said that Vladimir Putin does not want a ceasefire, but in fact,
wants to continue the war. And the Ukrainians are calling on the U.S. to take action. Let's listen in to what the Ukrainian President said.
(BEGIN VIDEO CLIP)
VOLODYMYR ZELENSKYY, UKRAINIAN PRESIDENT (Interpreted): We really hope that after this situation, the Americans will talk more with the Ukrainians and
then the Russians. We really hope that the Chinese side will also react. I have instructed the Minister of Foreign Affairs and the Minister of Defense
to contact the Chinese counterpart so that they can give us an explanation for those actions.
(END VIDEO CLIP)
[11:25:00]
PLEITGEN: That was Volodymyr Zelenskyy there. And this, of course, comes as the Ukrainians have for quite a while now been saying that America's
adversaries have been ganging up on Ukraine and pitching into this war in Europe, obviously saying the Chinese had already been providing material
support to the Russians in terms of, for instance, parts for some of the drones, for some of the other weapons as well, that the North Koreans, for
instance, had not only been supplying troops, but of course, also supplying significant amounts of rockets and other ammo as well, and then, of course,
also accusing Iran of supplying drones, which the Iranians, of course, have consistently been denying.
But, essentially, what the Ukrainians are saying is that the U.S. should be much more on their side, because all of the U.S.'s adversaries, or a lot of
them, are ganging up on Ukraine, in the heart of Europe.
Two more things that, of course, are important. We haven't so far heard from the Chinese yet. The Ukrainians say that they have summoned the Charge
d'Affaires of the Chinese foreign explanation, and also, we have not yet heard from Moscow either, guys.
ASHER: All right. Fred Pleitgen live for us. Thank you.
A flurry of activity late Monday at the U.S. Supreme Court is giving a boost to Donald Trump's deportation effort.
GOLODRYGA: Yeah. First, the court handed the White House a major victory, saying that its use of the Alien Enemies Act to justify speedy deportations
is OK for now, but it also said potential deportees should be given advance notice and the opportunity to seek court review.
ASHER: And in another case, the court put aside a Monday deadline for the U.S. to bring back a Maryland man who was mistakenly deported to El
Salvador. It was just a temporary ruling, though, as the court takes additional time to consider the case.
GOLODRYGA: Yeah. We're going to have much more on these issues in our next hour of One World. We'll be speaking with Attorney and Immigration Rights
Expert Raul Reyes. Please stick around for that.
ASHER: All right. Ahead on One World, new developments in the killing of 15 emergency workers in Gaza last month. We'll have details for you just
ahead.
(COMMERCIAL BREAK)
[11:30:00]
(COMMERCIAL BREAK)
ASHER: All right. Welcome back to One World. I'm Zain Asher.
GOLODRYGA: And I'm Bianna Golodryga. Here are some of the international headlines we are watching today.
ASHER: Stock markets around the globe rose on Tuesday, after many suffered days of steep declines following Donald Trump's latest round of tariffs.
The U.S. markets all started the day up more than three percent when trading began around two hours ago.
GOLODRYGA: The death toll has risen to 22 people across seven states from the violent storms and floods that have hit the Midwest and South of the
United States since last week. A 65-year-old man from Trigg County, Kentucky was the latest confirmed by authorities to have died in the
extreme weather,
ASHER: And Ukraine's President is confirming for the first time that his country's troops have been active in Russia's Belgorod region. Volodymyr
Zelenskyy says he is seeking to protect Ukrainian towns near the border. He also says troops remain in parts of Russia's Kursk region, eight months
after Ukraine's cross-border incursion.
GOLODRYGA: CNN has learned the Trump administration's foreign envoy, Steve Witkoff, will be part of negotiations over a new nuclear deal with Iran.
The Iranian foreign minister said earlier today, indirect, high-level discussions will take place in Oman this Saturday. Now, it comes a day
after Donald Trump offered a different version, saying that direct talks with Tehran were already underway.
ASHER: All right. In Israel, anti-government protesters have been rallying once again, demanding a deal to free the remaining hostages from Hamas
captivity.
GOLODRYGA: Yeah. The demonstrators have been voicing doubt over whether the Israeli Prime Minister's meeting Monday with President Trump will lead to
such a deal, and some are skeptical of Benjamin Netanyahu's motives.
(BEGIN VIDEO CLIP)
BATIA COHEN, PROTESTOR: He is going for -- to look with Trump, to look with Orban. I don't think it is do any good for our people. We are, here in
Israel, suffering. Everyone here has family, everything that suffering in the army, hostages, kill people, and he is going and have meetings that
doesn't give any hope for us.
MENASHE YEHESKEL BAUM, PROTESTOR: Trump can be helpful, can -- but I think in this case it is much more helpful to Bibi government, not to the people
of Israel.
(END VIDEO CLIP)
GOLODRYGA: Israel's military, meantime, says that it is reinvestigating the killing of 15 aid workers in Gaza last month. This comes after new video of
the incident cast doubt on IDF claims that it opened fire because of what it calls a perceived threat.
ASHER: CNN's Jeremy Diamond has the details. We want to warn you, though, some of what you are about to witness here is disturbing.
(BEGIN VIDEOTAPE)
JEREMY DIAMOND, CNN JERUSALEM CORRESPONDENT (voice-over): Emergency lights flashing in the pre-dawn sky. A convoy of ambulances and a fire truck pull
up to the scene of an Israeli attack. Palestinian paramedics and Civil Defense responders get out of their vehicles when suddenly --
(VIDEO PLAYING)
DIAMOND (voice-over): Amid a hail of gunfire, emergency responders drop to the ground, and the paramedic, who is filming, begins to pray. It is the
single deadliest attack on emergency responders in Gaza during the war, killing 15. The Israeli military says it is re-examining the incident after
this video debunked their claim that the ambulances were advancing suspiciously and without emergency lights.
Now, new testimony from a survivor further undermining the Israeli military's narrative. Paramedic Munther Abed says Israeli troops didn't
just open fire on one ambulance convoy. About an hour earlier, his ambulance was also attacked. They opened fire directly on us in the
vehicle, Munther says. I survived by lying down in the back of the vehicle. If I had stood up, I would have been killed. He listened as two of his
colleagues, Mustafa Hafaja (ph) and Azadin Shaat (ph), drew their last breaths. Israeli troops then detained Munther.
The Israeli military has described that first attack as targeting a Hamas vehicle, killing two Hamas members and detaining a third. An Israeli
military official said they were not uniformed paramedics, but Munther says they were driving a well-lit ambulance and were wearing their uniforms.
As Israeli troops questioned Munther, other medics were dispatched to look for him. The Palestine Red Crescent Society says this is Munther's
ambulance, lights extinguished after coming under fire. No comment from the Israeli military.
UNIDENTIFIED MALE (Interpreted): They're lying there, just lying there. Quick!
DIAMOND (voice-over): Munther saw the convoy arrive. I was lying face down, and a soldier had an M-16 rifle pressed against my back, with my face
turned toward the street.
[11:35:00]
In the street, there were civil defense vehicles, fire trucks and ambulances parked nearby. They opened fire directly on them. The Israeli
military buried the bodies in this shallow grave. They say it was to prevent the bodies from being scavenged. The UN only reached the site a
week later.
Paramedic Hasan Hosni nearly ended up in that grave, but he called in sick that day, and his son, Mohammed, took his place. He soon called him one
last time. Help me, dad, help me. I asked him what was wrong, and he said, we were targeted by the Israelis, and they are now shooting at us directly.
Then the call disconnected.
Jeremy Diamond, CNN, Jerusalem.
(END VIDEOTAPE)
ASHER: All right. The President of the Dominican Republic says that rescue efforts are underway after 27 people were killed at a nightclub in the
capital Santo Domingo. Rescue officials say the roof of the Jet Set nightclub collapsed in the early hours of the morning.
GOLODRYGA: And more than 100 people have been pulled alive from the rubble. Officials say at least 300 people were inside the venue at the time of the
collapse.
Well, markets aren't the only casualty in Trump's tariff war. Farmers are in the firing line as well. Coming up, we'll speak with two farming
officials about the impact the tariffs will have on that community.
(BEGIN VIDEO CLIP)
NICK LEVENDOFSKY, EXECUTIVE DIRECTOR, KANSAS FARMERS UNION: Farmers want trade. They don't want aid from their government. They want markets. They
want certainty. They want to know that the products that they grow, the livestock that they raise, are going to have markets that are going to pay
for the input costs that they put into those commodities and those livestock, and then also have some money that they can live on too.
(END VIDEO CLIP)
(COMMERCIAL BREAK)
ASHER: All right. U.S. farmers are bracing for the impact of Trump's sweeping global tariffs.
GOLODRYGA: And a potential trade war with China, one of the largest export markets for American agricultural products. Agriculture Secretary Brooke
Rollins has suggested that there could be some type of relief for farmers, but she says farmers and ranchers understand why Trump is doing this.
(BEGIN VIDEO CLIP)
BROOKE ROLLINS, U.S. AGRICULTURE SECRETARY: They understand that there may be a short time of uncertainty, but for the long haul, as we restructure
the American economy and the government -- American economy and our private sector, with the government playing a role in that President Trump's vision
of using tariffs, but, at the end of the day, this President committed to putting Americans first, and as part of that, our farmers and our ranchers.
(END VIDEO CLIP)
[11:40:00]
GOLODRYGA: For a closer look at the impact of these tariffs on U.S. farmers, we'd like to bring in a fourth generation farmer and the President
and Founder of the National Black Farmers Association, John Boyd Jr., as well as Shannon Douglass, the President of the California Farm Bureau.
Shannon, let me start with you. We heard from the Agriculture Secretary say that the farmers, their representatives, like yourself, understand why the
President is doing this. So, let me ask you, have you had direct conversations with the Agriculture Secretary or her department, and is she
speaking for you when she says that?
SHANNON DOUGLASS, PRESIDENT, CALIFORNIA FARM BUREAU: Well, I think that, as farmers and ranchers, we really do recognize that we've got some trade
challenges. I think, to be very clear, I've got farmers in my state that have felt the negative impacts of the trade imbalance that we have,
particularly a table grape farmers, for example. As a whole, we are nervous about the tariffs. We want markets, and we really hope this is a short
disruption, frankly. Trade is very important to our farmers.
GOLODRYGA: But, can I ask you briefly, just to go back to that, have you actually spoken with representatives from the Department of Agriculture
about this?
DOUGLASS: Our organization has stayed in very close contact. Yes. So, I think that's a very important communication front that's staying open. Yes.
ASHER: OK. John, let me bring you in, because China and Canada have already levied duties on some of the top U.S. agricultural products, and some
countries are actually specifically trying to go after farmers and American Republican states for political reasons. Just in terms of comparing this to
what happened during Donald Trump's first term, we remember during the first term that this happened, American farmers were actually given about
$23 billion in aid to compensate for those initial round of tariffs. Walk us through what you're hearing this time around in terms of receiving aid
again.
JOHN BOYD JR., PRESIDENT & FOUNDER, NATIONAL BLACK FARMERS ASSOCIATION, & FOURTH GENERATION FARMER: First of all, thank you for having me. I can't
sit there and not tap the question that you just said. We haven't heard anything from the Agriculture Secretary.
GOLODRYGA: Wow.
BOYD JR.: We haven't been included in any of those talks or discussions at USDA. I was shocked to hear that the other groups said that they were in
constant contact with them. So, I kind of wonder about that. The first thing is, those type of bailouts isn't really doing a whole lot for our
population. The President has created a world trade war, which I think is bad for the America's farmers. We're the first persons in line. China,
those tariffs affect soybean producers. Corn affects Mexico, potash in Canada. The American farmer doesn't need this type of uncertainty. It's
planting season, and for the first time in many, many years, I don't have a farm operating loan. My banker said they can't lend me money, Mr. Boyd,
with $9 soybeans and $5 wheat and $4 corn.
The administration needs to put emergency loans in place for farmers now, and also a complete farm moratorium that would stop lenders from
foreclosing on farmers while the President is playing foot to with these tariffs out here.
GOLODRYGA: Well, we will make sure that Secretary Rollins sees this clip, or we'll put it out there, and you can keep us posted on whether or not her
office and the Department of Agriculture will reach out to you.
Shannon, I know that you, farmers, ranchers, also, like so much of the world and investors, business leaders, are really dealing with a lot of
uncertainty right now, and that's just about the worst situation to be in, in terms of making business decisions going forward. Now, this applies to
farmers, you noted specifically on fresh produce, because that has an impact over the next few weeks, over the next few days. You don't have a
lot of storage capacity. How are decisions being made in terms of what to do with all of this fresh produce, as the tariffs seem to be still in
limbo?
DOUGLASS: Yeah. That's what is really creating so much uncertainty for our growers right now, and it really varies, of course, across the state, but
people are certainly going to try to find as many other markets as they can for those products. But, that really goes back to why we really hope this
is a short-term problem and that these issues can be worked out because the inability to sell our products would be very devastating for our growers,
and in many cases, depending, again, on the crop they're growing. But, if that's fruit that came off a tree, you can't just change that crop very
quickly.
So, our farmers had made very long-term decisions as far as planting, particularly in our state of California.
[11:45:00]
And so, these are potentially just really -- they really could be devastating, frankly. So, the shorter these are, the better for us, but it
is creating a real challenge for our farmers with those fresh products.
ASHER: John, let me bring you back in, because, as I understand it, the American farming industry relies on exports for more than 20 percent of its
annual income. When you think about crops that are exported, be it corn, be it soybeans, be it cotton, for example, obviously, there is a major issue
when it comes to the U.S. and China right now, and that tit for tat trade war, and you touched on this in your early answer, but explain to us your
greatest fear when it comes to prices, because that is the issue here. Give us your take on what's going to happen and what is already what is already
happening with prices.
BOYD JR.: One of the biggest concerns we had about the tariffs was the first time the President served as President, President Trump did, I was
selling soybeans at $16.80 a bushel. Many of those soybeans, of course, went to China here. Now, tariffs and the price plummeted to less than
almost $6 a bushel. And my point there is the tariffs wouldn't -- really didn't help us there. And then they came up with a marketing facilitation
program, as opposed to help America's farmers, where we had to fill out paperwork and cumbersome paperwork, and many of our farmers didn't receive
the money there. So, you get caught into the paper shuffle, and then the President says, you can help America's farmers, but then they're closing
down local offices and firing people at USDA.
So, my point is, you want the money to go to USDA and be dispersed, but then you're closing the offices that farmers rely on to go in and do
business. You really can't have it both ways, and I'm saying that because it has created a sense of nervousness for America's farmers. And we're
getting calls every day saying, Mr. Boyd, we plan our crop. We don't know what to do. I'm telling farmers to plant their crop and step out on faith.
But, the administration has to do better. And as President, you can't just say, Hey, I love farmers but you guys got to suffer. We should not lose a
farmer in the richest country in the world (inaudible).
GOLODRYGA: You mentioned the richest country in the world, the most powerful economy in the world at that, and California, Shannon, is a
juggernaut, in that regard, by some estimates, the fifth largest economy in the world. I'm curious to get your response to some headlines that Governor
Newsom had floated about a week ago, trying to look for a workaround to essentially create separate trade negotiations and trade deals.
Unilaterally, as a governor, I don't even know if that's legal, but I'm wondering if any of that has been raised with you, if you've had
conversations with state officials about sort of bypassing nationwide tariffs and to then go along with California creating its own trade
relations with other countries.
DOUGLASS: So, what I can speak to is that we definitely have interest in growing our trade relations, frankly. That would benefit our farmers across
the country, but definitely our farmers in California. And while I really can't speak to if the governor could do what he is suggesting, and if
that's possible, we certainly appreciate the attention to the issue, because it is so critical for our farmers. They are exporting a high
percentage of our California crops. And so, wherever we can grow those markets, we want (inaudible). I don't know how realistic that is to have
things that are separate, but we definitely appreciate the thought, I suppose. But, really, we're hoping that this becomes something we work out
as a whole for all of our farmers across the country.
GOLODRYGA: All right. Shannon Douglas, John Boyd Jr., John, keep us posted if you hear from the Agriculture Department after this interview. Thank you
so much for your time.
ASHER: All right. Some in the American state of Alabama are welcoming the new tariffs, especially those in the city of Bayou La Batre, the state's
seafood capital.
GOLODRYGA: Yeah. Officials there say the city's shrimping industry has been decimated by cheap foreign imports. Now they believe the new tariffs on the
top shrimp exporting countries will save the industry and the city itself. One resident explains why the cheap imports are so devastating.
(BEGIN VIDEO CLIP)
HENRY BARNES, MAYOR, BAYOU LA BATRE: It's a domino effect. It's not just the guys on the shrimp boat. It's guys on the shrimp boat. That's four
people. That's four families. You've got the processing plants that hire anywhere from 40 to 60 people. That's 40 to 60 families, depending on it.
You got the trucking industry. You got the marine hardware industry, and that fuel industry. It goes on. I mean, it affects a lot of people.
(END VIDEO CLIP)
[11:50:00]
ASHER: We'll have much more in tariffs in the next hour of One World.
We'll be right back with more, or rather, up next, excuse me.
(VIDEO PLAYING)
ASHER: How could I have tossed to a break without bringing this?
GOLODRYGA: It's OK. Houston didn't win. So, no one. It's not a big story now.
ASHER: The NCAA crowns its basketball champion. What the winning coach has to say about it, when we come back.
(COMMERCIAL BREAK)
(VIDEO PLAYING)
ASHER: The orange and blue confetti was flying Monday night, as the Florida Gators capped off March Madness with a victory in the U.S. college basket -
- Bianna, I'm so sorry.
GOLODRYGA: This was what a game, though.
ASHER: I'm sorry.
GOLODRYGA: It came down to the last seconds. The Gators were down double digits to Houston in the second half, but star guard Walton Clayton Jr. led
them back. He earned the tournament's Most Outstanding Player Award. Now, it all came down, as I noted, to the final seconds, with Florida clinching
to the lead, but Houston couldn't even get a shot off before the final buzzer. This was Florida's third national title in basketball, their first
since 2007.
CNN's Coy Wire caught up with the head coach of the Gators, Todd Golden, following Florida's nail-biting victory.
(BEGIN VIDEOTAPE)
COY WIRE, CNN WORLD SPORT: Coach, what does this win mean for you and Gator Nation?
TODD GOLDEN, HEAD COACH, UNIVERSITY OF FLORIDA: Obviously, we're thrilled, man. It's a heck of a moment, an incredible opportunity to be here, and the
fact that we finished it up means everything in the world. Come here.
WIRE: Oh, you got your family here. This is incredible moment. You're the youngest coach since 1983 to get a title. How has this journey been to you?
GOLDEN: It's been great. I've been fortunate to work with great people along the way and have great players, and in three short years, we got the
University of Florida's basketball program back where it belongs, which is winning national championships.
WIRE: A win in the final seconds. What -- tell us about the mental makeup of your team that enabled you to pull off this title?
GOLDEN: They've displayed it all year. In adverse conditions and situations, they found a way to step up, hang on to your guts, and push
through and finish, and against one of the best teams in America, we did it again tonight. Our senior leaders have been a lead all year, and our
younger front court players make sure they reach that level that's expected on every night. They led us to 36 wins. They let us 36 wins.
[11:55:00]
Thank you. They let us 36 wins, and now we're the national champions.
WIRE: And now you told me, after a win, you were maybe going to bust out the robot, Must hit with the team.
GOLDEN: I don't know. I don't know, man. I don't -- got it yet. I got to wait till the team gets in here.
WIRE: Congrats, coach.
GOLDEN: Thanks.
(END VIDEOTAPE)
ASHER: I would have loved to see him do the robot.
GOLODRYGA: In fact, he is so shy and not wanting to talk at all. Congratulations to their golden boy. What -- it was a great win.
ASHER: That's why I was so excited and so happy. Yes.
GOLODRYGA: Yes. Yes. So happy for Sara. So happy for the Gators. The Cougars came this far. They've always got next year as well.
Finally, this hour, a two decades-long public feud between singers Madonna and Elton John may now be over. They say they finally made up.
ASHER: I didn't even know that they were -- did you know that they had a beef?
GOLODRYGA: I had no idea.
ASHER: I had no idea. Madonna posted this picture on Instagram Monday of the pair hugging. She started the caption by saying, "We finally buried the
hatchet". She said she confronted him backstage at a Saturday Night Live. The pair have actually clashed since 2004 when Elton accused Madonna of lip
syncing. He replied to her post thanking her for forgiving his quote, "big mouth." Madonna says they will work together on a song one day.
GOLODRYGA: And maybe they'll sing it live for us on the show --
ASHER: No lip sync.
GOLODRYGA: -- debut here on One World. We have an open invitation, Elton and Madonna.
All right. Stay with us. We'll have more One World after the break.
(COMMERCIAL BREAK)
END
