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Movie-Tariff Plan Rattles Media Stocks. The Fine Print Will Be Critical
Express News | Trump Says He'll Meet With Film Industry on Movie Tariffs
Trump imposed a 100% tax on overseas films, causing a significant drop in the stock prices of American media companies, with Netflix and Disney experiencing sharp declines.
On Monday, May 5, Hollywood fell into unprecedented chaos. President Trump suddenly announced plans to impose a 100% tariff on films produced overseas, but did not reveal the details of implementation, leading to a sharp decline in media stocks across the board. This 'new front in the trade war' not only caught industry professionals off guard but also exposed the many contradictions behind the policy—despite Trump's claim to 'revitalize the American film and television industry,' the vague implementation approach has already caused giants like Disney and Netflix to face a 'cold shower' in the Capital Markets. To elaborate: three core contradictions have emerged (1) key details of the implementation fog policy are all missing: Does it cover streaming media? According to.
Can President Trump Really Put Tariffs on Films Produced Abroad? The Law Says No.
Wall Street Futures Dip On Trump's New Tariffs, Fed Meeting In Spotlight
Overnight U.S. stocks | S&P 500 ends nine consecutive gains, Crude Oil hits a three-year low, Buffett announces retirement.
On Monday, the three major U.S. stock market Indices fell.
廡所事事的人 OP : today close -7 to 8%?