Netflix, Disney stocks fall as Trump announced 100% tariff on foreign films

Photo: President Donald Trump signs Executive Orders in the Oval Office, Thursday, April 24, 2025. Official White House photo by Abe McNatt via Flickr. US government work. Article by Tim Marcin. Mashable – May 5, 2025.

Netflix, Disney, and other entertainment companies saw their stock prices tumble Monday morning, following President Donald Trump’s latest tariff pronouncement. Trump has floated a 100 percent tariff on foreign-produced movies, which could mean a major shift in how studios do business. As of around 10 a.m. ET, Netflix was down about 2 percent. Disney had actually rebounded to near-even after taking a sharp fall when markets opened. Other entertainment companies saw shares fall, too. […] 

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Trump orders a 100% tariff on foreign movies – CNN

Trump called for 100% tariff on foreign films a day after Jon Voight proposed ‘limited’ tariffs – The Guardian