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incoming update…Australia’s prime minister describes conversation with Trump on tariffs: ‘Warm and positive’Australian Prime Minister Anthony Albanese, who was re-elected over the weekend, said on Monday he had a “warm conversation” with President Donald Trump about tariffs and the AUKUS defense pact.
“I had a warm and positive conversation with President Trump … and I thank him for his very warm message of congratulations,” Albanese said Monday during a media briefing.
He continued: “We talked about how AUKUS and tariffs will continue to engage. We will engage with each other on a face-to-face basis at some time in the future, and I thank him for reaching out in such a positive way.”
Trump imposed a 10% tariff on the country in April, which led Albanese to describe the decision as “not the act of a friend.”
This is an excerpt from a story by FOX Business’ Landon Mion.Posted by Elizabeth Pritchett ShareTrump announces 100% tariff on ‘any and all’ foreign-produced moviesPresident Donald Trump hit the motion picture industry hard on Sunday by announcing a 100% tariff on “any and all movies” produced outside of the United States
In a Truth Social post, Trump said the “movie Industry in America is DYING a very fast death.”
“Other Countries are offering all sorts of incentives to draw our filmmakers and studios away from the United States,” the president wrote on the platform. “Hollywood, and many other areas within the U.S.A., are being devastated.”
The Republican said that his plans to institute a tariff are in the works, and he authorized the Department of Commerce and the United States Trade Representative “to immediately begin the process of instituting a 100% Tariff on any and all Movies coming into our Country that are produced in Foreign Lands.”
“WE WANT MOVIES MADE IN AMERICA, AGAIN!” Trump concluded.
This is an excerpt from a story by Fox News Digital’s Andrea Margolis.Posted by Elizabeth Pritchett ShareDeveloping Story Warren Buffett’s future at Berkshire HathawayThe 94-year-old legendary investor Warren Buffett announced plans to step down over the weekend at Berkshire Hathaway’s annual meeting. His announcement was not a total surprise after he tapped a successor long ago for the big conglomerate.
Berkshire Hathaway Inc.$539.56
BUSINESS-LEADERS Business leaders react to Warren Buffett stepping down as CEO of Berkshire Hathaway: Only G.O.A.TWarren Buffett was lauded by business leaders like Tim Cook and Mark Cuban on Saturday after the billionaire announced his retirement from Berkshire Hathaway.
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