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Shares of Disney, Netflix and Other Studios Fall After Trump Threatens 100% Tariff on Movies ‘Produced in Foreign Lands’
Shares of entertainment companies including Disney, Netflix, Warner Bros. Discovery and Paramount Global took a hit Monday as investors assessed Hollywood’s potential exposure to President Trump’s as-yet undefined vow to impose a 100% tariff on foreign-produced films. At the open of the U.S. stock market regular trading Monday, Netflix’s stock was down -3.3%, Disney was […]
Shares of entertainment companies including Disney, Netflix, Warner Bros. Discovery and Paramount Global took a hit Monday as investors assessed Hollywood’s potential exposure to President Trump’s as-yet undefined vow to impose a 100% tariff on foreign-produced films. At the open of the U.S. stock market regular trading Monday, Netflix’s stock was down -3.3%, Disney was […]
