Trump’s movie tariffs plan is causing confusion around the world
US President Donald Trump has announced that he’ll impose a tax of 100% on films and TV shows shot outside the US. The move aims to “protect our jobs” and “protect American film makers”, he added. Trump had earlier asked US Trade Representative Representative Robert Lighthizer to draft measures that would “protect US film and television companies from unfair trade practices”.
The app store was lost by Apple
A US judge said that Apple’s CEO Tim Cook had the option of complying with her order or choosing an “unjustified” App Store fee, reports said. The judge said this after Apple refused to comply with the court’s order and charged developers for links and buttons within their apps that would allow users to purchase methods outside of the App Store.
An update to the app will help sidestep Apple’s payment system
US-based music streaming platform Proton has said it will submit its app for review by Apple to enable payments outside of the IAP. “As a first step, we’ll submit an app update for review by Apple to enable payments outside of IAP so creators keep more from iOS based fan payments,” Proton CEO Andy Yen said.
GM thanks Trump for the big hit it expects to take
General Motors CEO Mary Anne Barr said the company was “in a period of waiting for a bit more clarity” on US President Donald Trump’s tariffs on imports of cars from Canada and Mexico. Barr added, “That’s a question we’ll have to answer soon.” Earlier, Stellantis, the parent company of Jeep, Dodge, and Ram, also scrapped its outlook for the year.
Apple doesn’t seem very worried about the tariffs
Apple is the company most at risk in a complete breakdown of US and China, David Yoffie, a Harvard Business School professor said. “They’re the company most at risk in a complete breakdown of the US and China,” he added. He further said that the scrutiny was warranted because “they are the company most at risk in a complete breakdown of the US”.
The ‘golden age’ for the economy was promised by Trump
US President Donald Trump has said he’d like to temporarily lift the 10% tariffs on American-made products imported from China. “We want to be sure we don’t do anything that would lead to even higher tariffs,” he said. Trump added that he’d like to think about this possibility for a few weeks. However, he hasn’t said when the tariffs would be lifted.
Steve Bannon wants doge’s receipts
US President Donald Trump’s former adviser Steve Bannon has said that he is expecting “summer like no other” as the White House completes its first 100 days in office. “President Trump went in full force,” he added. Trump marked his 100th day in office today with a rally in Michigan. He also called his presidency the most consequential in history.
The call was made after a report said that Amazon would post products’ import charges
The White House said Amazon’s plans to share prices of its goods with newspapers is a “hostile and political act” by the online retail giant. It added that it will look into the issue and “take appropriate action”. Amazon Founder and CEO Jeff Bezos has said he will protect his newspaper Washington Post from being threatened while it pursues its free market crusade.
What has Trump done in his first 100 days?
Several federal employees told NPR that President Donald Trump’s administration has been searching for ways to cut their budget regardless of whether it is cutting staff, contracts or grants. “We are literally jumping for joy over here in our local office because HQ/DOGE has approved our expenses to pump [a] vault toilet at one of our field offices,” a Bureau of Land Management employee said.
How tariffs could make Hobbies more expensive in the US
Learning Resources, a toy company that had lodged a lawsuit against the Trump administration over tariffs, said that the path is “catastrophic”. The company has imports that are “ready to ship on which it estimates it’ll pay millions in tariffs pursuant to the actions challenged herein,” it added. Earlier, 12 states sued the administration over tariffs.