US oil output has peaked amid price fall, top shale producer warns
Crude fell to four-year lows on Monday on Opec supply increases and fear that tariffs will hurt demand
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Credit Suisse to pay $511mn over helping Americans hide more than $4bn
Swiss bank admits it violated previous deal with the US justice department
Trump considering 100% tariffs on movies not made in the US
The president blamed foreign-made movies for the American film industry’s “very fast death”.
Trump White House says ‘no final decisions’ on foreign film tariffs
Officials say administration ‘exploring all options’ after president declared 100% tariff on non-US-produced films
The White House said on Monday that no final decisions have been made about imposing tariffs on foreign films, just a day after Donald Trump declared a 100% tariff on all movies produced outside the United States – an announcement that sparked widespread alarm across the global film industry.
“Although no final decisions on foreign film tariffs have been made, the administration is exploring all options to deliver on President Trump’s directive to safeguard our country’s national and economic security while Making Hollywood Great Again,” White House spokesman Kush Desai said.
Trump film tariffs to be part of UK-US trade talks
It comes as moviemakers worry the UK’s thriving film industry could be hit by the new tariff threat.
EU to set 2027 deadline for severing energy contracts with Russia
Plan to be announced by European Commission aimed at forcing member states to end imports of Russian gas