‘Superman’ is facing a lawsuit over its plans for a worldwide release - Related to top, lawsuit, release, hit, is

Brace for pricier gadgets as steep tariffs hit top US trade partners

Table of Contents Table of Contents Exemptions, no more The low-cost benefit is gone.

A price hike is headed for shoppers in the US, and it could send shockwaves across industries, ranging from cheap gadgets and affordable fashion to electric vehicles. President Donald Trump, invoking the International Emergency Economic Powers (IEEPA) Act and the National Emergencies Act (NEA), has imposed a fresh round of sweeping tariffs on Canada, Mexico, and China.

Items sourced from Mexico and Canada will now face a 25% tariff, while those coming from China will have to contend with an extra 10% duty. Now, there are multiple ways in which the tariffs could the pockets of American shoppers. This is what the Tax Foundation laid out in its estimates:

“The tariffs on Canada and Mexico alone would increase taxes by $958 billion between 2025 and 2034 on a conventional basis, amounting to an average tax increase of more than $670 per US household in 2025.”.

President Trump is implementing a 10 percent tariff on China until we secure the full cooperation of the Chinese government in the fight against fentanyl. China plays the central role in the fentanyl crisis that is destroying American lives. In fact, the Chinese Communist Party… [website] — The White House (@WhiteHouse) February 1, 2025.

Items sourced from China, which include popular high-volume goods such as iPhones, might get pricier. Until now, a healthy bunch of top-selling items in the electronics category, such as phones and TVs, have enjoyed tariff exemption.

“The 10% blanket tariff Trump is proposing could affect the price of everything that is made in China and exported to the US. That applies to a lot of things – from toys and tea cups to laptops,” says a BBC analysis.

But it’s not just the tariffs that could spell trouble for US shoppers, but also the retaliatory taxes. As per experts, who cited historical precedent, most companies would pass on the cost of increased duties to individuals.

The probability of that happening seems high. China has threatened countermeasures, while Mexico and Canada have already unveiled their respective retaliatory tariffs.

The press statement issued by the White House also mentions that the de minimis exemption no longer applies. As per the International Trade Administration, imported items in the US worth $800 or less in value are not subject to any tariffs, taxes, or fees.

Earlier, the value was $200, but in 2016, Congress increased the de minimis threshold to $800. The de minimis exemption’s removal is going to hurt shoppers, especially folks buying goods from popular e-commerce platforms such as Shein, Temu, [website], and Alibaba.

As per data provided by the US Customs and Border Protection, goods worth over $47 billion were shipped into the US after qualifying for the de minimis benefit. This has allowed platforms like Shein and Temu to explode in popularity, at the cost of local players such as Amazon.

For lower-income people, these de minimis purchases held a lot of value, as the products were cheaper, even though they came with a longer wait time. The price of food and alcoholic beverages is also expected to go up, as will the cost of appliances and most importantly, electric vehicles.

’s own data, the US collectively imported over $150 billion in motor vehicles and vehicle parts from Mexico last year, while Canada contributed $34 billion in motor vehicle imports.

But the impact will be felt across all four trading nations. “Intermediate goods—especially in motor vehicles—cross the borders multiple times before final assembly. The imposition of tariffs at each stage of fabrication would be disastrous,” says an analysis by the Peterson Institute for International Economics.

There is still a lot of uncertainty as to how the tariffs are going to unfold and how the cross-border dynamics will ultimately affect the sticker prices, but a trade war is certainly here and its inflationary effect will unfold in the immediate future.

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Breakevent secures €876K for live music events analytics

Madrid-based event analytics software Breakevent has closed a €876K funding round. The round was led by Archipelago Next, accompanied by Startup Wise Guys and WA4STEAM along with business angels such as Miguel Echenique, partner of AltamarCAM.

The corporation has also achieved public financial backing from Neotec, the Community of Madrid, the Ministry of Culture and ENISA.

With this capital injection, Breakevent will accelerate its growth and develop an AI Agent trained in a closed environment with data specific and relevant to the live music event industry.

The events platform uses advanced machine learning techniques to predict the success of live music events. This technology reduces uncertainty to provide a basis for decision making for their upcoming concerts.

The live music software market in Europe is growing due to the increasing demand for digital content and the rising number of musicians and artists. The market is also being driven by technological advancements, such as AI integration and cloud-based software.

‘The backing of strategic investors together with the public support received is a key step for Breakevent. This funding will allow us to accelerate the development of our platform, especially in the area of artificial intelligence, and expand our database, which will position us as the ultimate AI decision-making tool for the music industry,’ commented Lucía Martínez Prado, CEO and founder of Breakevent.

"Our main objective is to continue to grow in national clients and consolidate our position as the reference data platform for the music industry in Spain, as well as starting to expand beyond our borders by incorporating international clients."

During 2024, Breakevent expanded its database to more than 1,700 venues in Spain.

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‘Superman’ is facing a lawsuit over its plans for a worldwide release

The first trailer for Superman got plenty of people excited about James Gunn’s vision for the iconic superhero. News of a lawsuit against Warner Bros. Discovery over the movie’s release, though, might mean that the movie isn’t available in some countries.

The lawsuit comes from the estate of Joseph Shuster, one of the original creators of Superman, and seeks to prevent the release of the movie in certain key territories, including Canada, Ireland, Australia, and the United Kingdom. Mark Warren Peary, the estate’s executor, filed the lawsuit and hints at that the studio doesn’t have the right to distribute the movie in those territories. The suit seeks “damages and injunctive relief for Defendants’ ongoing infringement” as well as “declaratory relief establishing the Shuster Estate’s ownership rights across relevant jurisdictions.”.

Warner Bros. Discovery has responded to the lawsuit saying that they are ready to fight it in court and that they “fundamentally disagree with the merits of the lawsuit.”.

The lawsuit is based on copyright laws in those countries, which state that copyright reverts to the estate of the owner 25 years after their deaths. Since Shuster and his co-creator Jerry Siegel have both been dead longer than 25 years, the lawsuit alleges that the studio has to seek the estate’s permission to release the movie in those areas.

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The suit requests a jury trial, saying that “defendants’ acts of direct infringement have been willful, intentional, and purposeful, in wholesale disregard of and indifference to the rights of Plaintiff.”.

Warner Bros. has battled similar lawsuits from Peary in the past, but given the timing of this lawsuit, resolution will be key to ensure that the movie gets the global release it had planned.

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