The movie's tariffs are typical Trump cliffs

The box office of the El Capitan Theater, promoted the new Marvel movie "Thunderbolts" on May 2, 2025 in Hollywood, California, USA

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Of all the tax actions announced by U.S. President Donald Trump, 100% tax on films made outside the United States is one of the strangest films, taking a place next to his head grabbing his administration uses to determine tariff levels.

Trump hasn't shared details on how the tariffs will work - or whether they actually implemented - but has only announced the news of taxation Enough to lower stocks in entertainment and media companies like Netflix and Paramount.

Besides costs, how will these tariffs work on a cultural level? Will Oscars remove its best foreign movie category? Do all movies have to be filmed in the United States? Will American actors be starred in international movies?

These may seem worrying, but predicting the next behavior of the U.S. president is nearly impossible - Trump is a cliff. Given that the presidency seems almost Trump’s reality TV series, his actions may be good for viewers, but are not ideal for everyone else.

What you need to know today

S&P 500 points to win in a row
The U.S. market fell on Monday. this S&P 500 Losing 0.64% and winning the nine-day rally, the longest since 2004. Dow Jones Industrial Average 0.24%, Nasdaq Composite Materials It fell by 0.74%. U.S. crude oil futures OPEC+ fell 2% on Monday to its lowest settlement since February 2021 after agreeing to raise interest rates since February 2021. Pan-European Stoxx 600 In the mixed display in Bourses in the region, the index increased by 0.16%.

The end of the Buffett era
Berkshire Hathaway Warren Buffett on Saturday lost 4.9% after he proposed Greg Abel to replace him as CEO by the end of the year. The company's board of directors voted unanimously on Sunday to become Abel's president and CEO on January 1, 2026, and Buffett served as chairman. In 1965, Buffett took over Berkshire Hathaway and at the end of 2024, the company's stock price soared by 5,502,284%.

More tariff developments by Trump
Trump announced on Sunday that he would impose 100% tariffs on films made outside the U.S. but went back to his comment the next day. On Sunday, Trump also said girls were "probably happy" and fewer, and Trump also downplayed the threat of supply shortages. Finally, Trump signed an executive order on Monday to reduce the time it takes to approve U.S. pharmaceutical factories, adding that he will announce drug-specific tariffs in the next two weeks.

Palantir hiking prospects, but share
Palantir Stocks fell nearly 9% in extended trading after the stock reported meeting expected returns. The company provides artificial intelligence software to governments and companies, and also raises its full-year revenue outlook to between $3.89 billion and $39 billion. Palantir's stock violates the broad trends in technology stocks in 2025. Even after this fall, stocks have risen 64% this year.

Ford suspends its guidance
Ford electric motor Beat Wall Street's first-quarter expectations, but suspended its 2025 financial guidance due to the impact of Trump's tariffs of $2.5 billion this year. The Detroit automaker said it expects to offset $1 billion in fees through remedial measures, quantity and pricing expectations in 2025.

(Pro) Chinese ETF to US technology?
China Technology's stocks have begun to begin until 2025, and there are a lot of short-term fluctuations in both directions. However, stable price action has so far been in a constructive long-term context. Katie Stockton, founder and managing partner of Fairlead Strategies, wrote that the Chinese technology ETF may be better than the U.S. technology stocks.

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CNBC's official global football team valuation 2025

According to CNBC's global official global football valuation, the average value of the 25 most valuable football teams in the world is US$2.76 billion.

On average, according to CNBC's calculations, the 25 most valuable teams of last season generated $520 million in revenue before interest, tax, depreciation and amortization or EBITDA, with $54 million in revenue from tax, depreciation and amortization or EBITDA.

According to CNBC's valuation, the most valuable team is Real Madrid, worth $6.7 billion. The Spanish team earned $1.13 billion. Real Madrid's revenue increased by 26% from the 2022-23 season, partly due to a renovation of the Santiago Bernabéu Stadium, doubled game-day revenue to $268 million, according to a 2025 Deloitte Football League report.