Trump, tariff threat and Cannes Film Festival
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Trump, trade war
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The president has backtracked repeatedly on his tariff policies, creating a whiplash with downsides and few clear benefits so far.
The Digital Energy Council is pressing officials to exempt ASIC miners from Trump's tariffs as the U.S. bitcoin mining industry reels from hikes to import costs.
President Donald Trump’s sudden move to lower tariffs on goods from China to 30% from 145% has thrown a lifeline to America’s small businesses who were running low on inventory — and cash.
The PS5 did get a call out from CEO Hiroki Totoki when discussing the possibility of moving manufacturing to the US to avoid the brunt of Donald Trump’s tariffs. He admitted that the console “can be produced locally,” and that it would be “an efficient strategy” that “has to be considered going forward.”
In an obscure courthouse in downtown Manhattan, a group of small businesses are taking on one of President Donald Trump's boldest uses of executive authority.
Hollywood films increasingly rely on people and places overseas. Trump’s plan to slap tariffs on imported movies, which are often the product of international partnerships, will be both hard to implement and ineffective,
Cannes boss Thierry Fremaux addressed Trump’s proposed tariff of 100% on foreign-produced movies and the resilience of American cinema at his press conference on Monday. U.S. President Donald Trump threw the film industry into despair on the eve of the Cannes Film Festival which hosts the world’s biggest market,
The impact of tariffs amid a trade war is already showing up in travel from Canada to Michigan. The number of people crossing into the Great Lakes State from Canada fell 11% in February and March.