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Movie-Tariff Plan Rattles Media Stocks. The Fine Print Will Be Critical
Earnings Preview: Disney to Report Financial Results Pre-market on May 07
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.
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.
Express News | 'Trump Ambassador Jon Voight Unveils His Plan to "Make Hollywood Great Again"'- The Hollywood Reporter
Cui Nyonya Kueh : Hi where is Mr Lim? Today no class., no announcement. Everyone was waiting.