Trumps tariff plan on the movie industry

President Trump’s plan to implement a 100% tariff on foreign made movies might seem like it’s helping Hollywood, but it could actually mess with the economy and global film industry. The idea is to bring more production back to the U.S., but in reality, it risks damaging long-standing international partnerships and could raise costs for both studios and moviegoers. Smaller studios that rely on foreign collaboration might take a big hit and viewers could end up with fewer movie choices. There’s also the chance that other countries could hit back with their own tariffs, which would make things even worse. Even people in the industry are saying this move could do more harm than good in the long run.

https://www.cnn.com/2025/05/05/media/movie-tariffs-trump-hollywood 

https://www.cnn.com/2025/05/06/business/trump-movie-tariff-threat-nightcap?iid=cnn_buildContentRecirc_end_recirc 

Wobbling economy will push the Fed to cut interest rates later this year, CNBC survey finds

     A CNBC survey sent out to 31 fund managers, analysts, and economists, finds that there is still an expectation among experts that interest rates will get cut before the end of the year. Something interesting to note is that from the March to the April survey, there was a 21% jump (44% to 65%) in those who believe that an interest rate cut is happening. This prediction seems to come from the fact that stagflation is a revenant continuously coming back to haunt the Federal Chair Jerome Powell. It seems that if it comes down to choosing between continued inflation and unemployment rates, experts think that the Fed will favor the unemployment rates. Another interesting wrinkle in this dilemma is that some are of the opinion that inflation could become unanchored after a rate cut. Richard Bernstein, of Richard Bernstein Advisors, stated that cutting rates would mean the Fed is “giving up on the 2% inflation target, perhaps permanently.” Finally, lasting effects of the current administration's actions are certainly feared, as 83% of respondents believe that the U.S.'s brand has been damaged. Something like that will not be the easiest to fix on an international stage.

https://www.cnbc.com/2025/05/06/wobbling-economy-will-push-the-fed-to-cut-interest-rates-later-this-year-cnbc-survey-finds.html

April US payrolls growth slows before full tariff impact felt

This article breaks down how job growth in April had slowed down. There were 177,000 less jobs added than in March but it was still better than expected. The unemployment rate stayed at 4.2%, so the job market’s holding steady for now. But the real concern is what’s supposed to be coming next. With Trump’s proposed tariffs still in place a lot of businesses are going to be forced to have to less hiring and less investment across the board. Right now though things don’t look too bad but you can definitely feel the uncertainty. The Fed isn’t changing interest rates yet, but if inflation or the job market shifts, that could change too. It feels like we’re in this calm before the storm, and how the tariff situation plays out could really tip the balance either way. 

https://www.reuters.com/world/us/view-april-us-payrolls-growth-slows-before-full-tariff-impact-felt-2025-05-02/