The president’s call for tariffs caused confusion in Hollywood, which has seen a steep drop-off in local film and television production.
Category: Customs (Tariff)
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Ford Says Tariffs Will Cost Company $1.5 Billion in 2025
Ford Motor also reported a sharp drop in profits in the first three months of the year.
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As Backlash to Trump’s Tariffs Grows, Europe Boycotts American Brands
A shifting perception of the United States amid President Trump’s trade war is prompting Europeans to pivot decisively away from U.S. goods and services.
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The Fed Isn’t Likely to Cut Rates Proactively Despite Economic Concerns. Here’s Why.
The U.S. central bank is set to reinforce its wait-and-see approach at its meeting this week as President Trump’s tariffs begin to bite.
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Oil Prices Slide Further on Plans to Increase Supply
U.S. oil prices fell to around $56 a barrel after the OPEC Plus cartel said it would bring more oil to market.
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Trump Says He Will Put 100% Tariff on Movies Made Outside U.S.
Declaring foreign film production a national security threat, the president said he had asked his top trade official to start the process of imposing a tax on Hollywood.
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Trump’s Tariffs Create Fear and Uncertainty at Vietnam’s Factories
The threat of 46 percent levies, among the highest for any country, is rattling Vietnam’s factory managers and workers, as well as thousands of exporters.
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Car Prices Expected to Rise as Tariffs on Parts Kick In
Tariffs on imported parts will have a broad impact because all vehicles use components made abroad.
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US Hiring Stayed Strong Amid Early Days of Tariff Policy, Jobs Report Shows
The picture of a steady job market, even if backward looking, reassured investors worried about a trade-induced economic slowdown.
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For the U.S. and China, the Only Talking Is About Whether to Talk
The standoff over terms of negotiations, and whether they are happening, signals that a protracted economic fight lies ahead.
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Solid Jobs Report Reinforces Fed’s Patient Approach to Interest Rate Cuts
The central bank is bracing for President Trump’s tariffs to dent growth while stoking inflation, keeping interest rate cuts at bay for now.