When President Trump came into office, he promised to fuel an economic boom with a magic bullet: tariffs. They're taxes added to a wide range of imports. And money is coming in, more than $30 billion a month so far.

Donald Trump has repeated his threat to impose a 100% tariff on all films not made in the US, claiming the American industry had been "stolen" by other countries. He said on Monday that California had been heavily affected and the levy would "solve this long time, never ending problem".

Government shutdown starts, Pfizer’s drug pricing deal could become industry template, risks from Trump’s tariffs, and more news to start your day.

The US government has shut down on Wednesday after Republican and Democrat congressional leadership failed to compromise on a spending bill. Amid these headlines, the Trump administration's newest tariff policies on imported pharmaceutical drugs and heavy trucks take effect today.

China said there are no winners in trade wars as it reacted to U.S. President Donald Trump's new and rising import tariffs on softwood lumber, upholstered furniture, and kitchen cabinets and vanities.

President Donald Trump threatened Monday to impose “substantial Tariffs on any Country that does not make its furniture in the United States,” he wrote in a Truth Social post. “Details to follow!!!” he added.

The European Commission will propose cutting steel import quotas by nearly half and hiking duties on volumes above those levels to 50% in line with tariffs imposed by the U.S. and Canada, two sources briefed on details told Reuters on Wednesday.

The Trump administration announced last week it would begin harnessing 25 percent levies on heavy-duty trucks imported into the U.S.

The veteran Hollywood insider spent some time with THR on the red carpet at the ‘Roofman’ premiere, opening up about the film’s box office prospects, a long history with Channing Tatum and those tariffs.