The Government Shutdown, Movie Tariffs, Chicken Strips and Apples 🍎
A weekly news roundup
What a week!
The federal government is shut down. Betting markets suggest it may be weeks before it reopens. Here’s an overview of previous shut downs.
Wondering how the budget has been allocated before? Check out this guessing game for the 2024 Federal Budget.
This week’s tariff installment:
Trump again wants a 100% movie tariff, but no one knows how to put a tariff on a movie.
Pfizer struck a deal to avoid threatened 100% pharmaceutical tariffs.
Car repairs are getting expensive because your car is getting older and those car parts likely have 25% tariffs on them, even if your car was “made in America.”
Fast food restaurants are competing for customers with chicken tenders.
The McIntosh apple is disappearing, replaced by better tasting apples produced by apple clubs that coordinate production quantities and marketing strategy.
Until next week,
Ariel