Disney, Netflix, Warner Bros. Discovery, Paramount, Comcast Stocks Fall After Trump Proposes Foreign Film Tariff
Major Hollywood studios –Netflix, Disney, Warner Bros. Discovery, Paramount, and Comcast — saw their stocks slide as early Monday morning trading began, just hours after President Donald Trump said his administration will begin imposing a 100 percent tariff “on any and all” foreign films coming into the United States because, as he said, “The Movie Industry in American is DYING a very fast death.”
