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variety.com

04.04.2025 / 11:43

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Trump Tariff Chaos: Stock Market Plunge Continues as China Retaliates With 34% Levy on U.S. Products

Todd Spangler NY Digital Editor Stocks in the U.S. and overseas dropped sharply for a second day on continued fears that President Trump’s sweeping tariffs on foreign imports would ignite a massive trade war and lead to an economic recession. Adding fuel to the stock downward spiral: The Chinese government announced Friday a blanket 34% tariff on American products, effective April 10.

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Mel Gibson to Have His Gun Rights Restored by Justice Department

Pat Saperstein Deputy Editor The Justice Department has approved Mel Gibson‘s rights to own guns again after a 2011 domestic violence conviction. Attorney General Pam Bondi approved the restoration of the actor’s gun rights, along with nine other people, the New York Times reported. Gibson, who in January was named a “special ambassador” to Hollywood by President Trump along with Jon Voight and Sylvester Stallone, would be permitted to own firearms again depending on state laws.

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Trump Tariffs Impact on Hollywood: Not Much ‘Direct Harm’ — but a Resulting Recession Would Be ‘One-Two Punch’ for the Entire Sector

Todd Spangler NY Digital Editor The dramatic tariffs President Trump announced Wednesday won’t directly impose higher costs on most media and entertainment companies. However, the knock-on effects — namely, depressed U.S. consumer spending and a pullback in ad budgets — would clearly cut into Hollywood’s profits, according to analysts.

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David Thewlis remembers “awful” five months working with Val Kilmer on ill-fated ‘The Island of Dr Moreau’

The Island of Dr Moreau co-star Val Kilmer, who died earlier this week aged 65.The Batman Forever actor passed away on Tuesday (April 1) after a battle with pneumonia, as confirmed by his daughter Mercedes. Kilmer had been diagnosed with throat cancer in 2014, but later made a recovery.Amongst his filmography is the 1996 film The Island of Dr Moreau, which saw Kilmer and Thewlis star alongside Marlon Brando in one of his final film roles.

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Inaugural Made in Huntington Film & TV Festival Launches to Support Emerging Filmmakers (EXCLUSIVE)

Matt Minton mminton@variety.com With a Steven Spielberg film currently filming in the area, the Made in Huntington Film & TV Festival is officially launching with the goal of supporting emerging filmmakers. Starting Thursday and running through April 6, the festival is hosting 14 public screenings, with a total of 35 titles chosen from 100 submissions. For festival executive producer and Huntington’s director of film and television Joe Schramm, the festival is a unique opportunity to highlight production opportunities in Long Island.

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Alan Ritchson, Owen Wilson Commence Queensland Shoot for ‘Runner’

Naman Ramachandran Queensland, Australia has scored another Hollywood production with action-thriller “Runner,” led by “Reacher” star Alan Ritchson and Owen Wilson. The film, which began shooting March 31 in Brisbane and the Gold Coast, follows high-end courier Hank Malone (Ritchson) tasked with delivering a life-saving organ to a seven-year-old girl. What begins as a straightforward delivery spirals into danger when outside forces target the precious cargo.

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Andrew Garfield Raves Over Finally Getting to Work with Luca Guadagnino on 'After the Hunt'

Two of the stars of After the Hunt are bringing their new movie to CinemaCon 2025!