05-05-2025 17:15 via mashable.com

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

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. Shares in Li
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