The World This Hour - The World This Hour for 2025/04/03 at 18:00 EDT

Episode Date: April 3, 2025

The World This Hour for 2025/04/03 at 18:00 EDT

When Eric and Lyle Menendez murdered their parents in 1989, most people assumed they did it for the money. But over the course of their trials, the Menendez brothers told a very different story. Now, after spending most of their lives behind bars, new developments in the case could lead to the brothers getting out. This week on Crime Story, I speak with Robert Rand, the journalist who's covered this story longer than anyone else. Find Crime Story wherever you get your podcasts. From CBC News, the world this hour.

I'm Julianne Hazelwood. Financial markets around the world flailed today after President Donald Trump's latest tariffs. Anise Hedari has the details. The day started off with the traditional opening bell and cheers at the New York Stock Exchange, but far fewer cheers as the market closed with a lot of red on the charts, a hair under a 4% drop in the New York index. And it's not the only one that fell. The Toronto Stock Exchange down more than 3.8%.

Tech-Heavy Nasdaq took a beating, down almost 6%. These big market drops likely a response to the tariffs American consumers and businesses will pay to import anything from regions like Europe and China. Apple stock, for example, taking a big drop. iPhone components made in China now face a total tariff of more than 50 percent. As for Canada, the dollar here hitting around 71 cents U.S. But that's less about anything domestic. It's more that along with U.S. markets, the U.S. dollar dropped too. And he's hit our CBC News Calgary.

Prime Minister Mark Carney says the rules-based free trade economic system the Western world has enjoyed for decades is over. This morning, he unveiled Canada's response to U.S. tariffs on Canadian vehicles and warned more is coming. Marina von Stackelberg reports. We must respond with both purpose and force. Prime Minister Mark Carney pausing his election campaign to announce how Canada will retaliate against the latest US tariffs. Ottawa

will slap a 25% levy on all vehicles imported from the US that don't comply with the current free trade agreement. Carney says billions of dollars raised from those countermeasures will go directly to the Canadian auto industry and their workers. We take these measures reluctantly and we take them in ways that's intended and will cause maximum impact in the United States and minimum impact here in Canada. Carney says Donald Trump's decision to levy tariffs on almost every country has fundamentally changed the world's financial system.

He does not have a call scheduled with the U.S. president. Marina von Stackelberg, CBC News, Ottawa. All the opposition leaders are pledging to support workers affected by the Trump tariffs. Conservative leader Pierre Pelliev says he'll scrap the GST on Canadian-made vehicles, but he's also attacking the Liberal leader. Just last Friday, Mark Carney said he had a quote, very productive, very constructive call with President Trump, citing progress. Unfortunately, Canada has not been spared. There is no progress.

And there was nothing constructive or productive about Trump's tariff announcement. NDP leader Jagmeet Singh is pitching a program of victory bonds. Singh says the money could be used for urgent infrastructure issues and be a way to keep Canadians employed. Ontario's Premier says the province is already feeling the impact of Trump's auto tariffs. Auto maker Stellantis has announced it'll temporarily pause production in Canada and Mexico. The Windsor assembly plant will be closed for two weeks. Stalantis will also temporarily lay off 900 workers at US facilities reliant on Canadian parts. Doug Ford warns other US sectors will feel the pain as well. If they continue wanting to go after our lumber, that's just going to drive the cost

up of housing. If they go after, continue to go after the auto sector, it's going to drive the cost up of autos for Americans. And if they go after our pharmaceuticals, that's going to drive the cost up. Ford hopes the shutdown will be short-lived. Convoy protest leaders Tamara Leach and Chris Barber were found guilty on a few charges but acquitted on most. The protesters used trucks to shut down part of downtown Ottawa for three weeks in 2022. Leach and Barber were convicted of counselling others to commit mischief and Barber was convicted of counselling others to disobey a court order but they were found not guilty on four other

charges including obstructing police and intimidation. And that's your World This Hour. For CBC News, I'm Julie-Ann Hazelwood.