President Donald Trump is slapping a 100% tax on movies made outside the United States — a vague directive aimed at protecting a business that America already dominates. Claiming that movie production "has been stolen'' from Hollywood and the U.S., Trump posted said he would be imposed the 100% tariff on "any and all movies" made outside of the U.S. The president first issued the threat back in May. It's still unclear how these tariffs would operate, since movies and TV shows can be transmitted digitally without going through ports. Also unclear is what it would mean for U.S. movies filmed on foreign locations — or what legal basis the president would claim for imposing the tariffs.

The American job market, a pillar of U.S. economic strength since the pandemic, is crumbling under the weight of President Donald Trump's erratic economic policies. Uncertain about where things are headed, companies are reluctant to hire, leaving agonized jobseekers unable to find work and worrying the consumers (70% of U.S. economic activity) whose spending has driven impressive growth for the world's biggest economy since the COVID-19 disruptions of 2020. The Labor Department reported Friday that U.S. employers — companies, government agencies and nonprofits — added just 22,000 jobs last month, down from a 79,000 in July and well below the 80,000 that economists had expected. The unemployment rate ticked up to 4.3% last month, the highest since 2021.

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