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Netflix, other media stocks tumble on Trump's pledge to hit foreign films with 100% tariff

Business Insider Monday, 5 May 2025 ()
Trump said he would instruct the Commerce Department to implement a 100% foreign film tariff to fix Hollywood's "very fast death."
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Video Credit: Oneindia - Published
News video: Trump SLAPS 100% Tariff on Foreign Films, Calls Them a ‘National..’ Amid Hollywood’s ‘Fast..’

Trump SLAPS 100% Tariff on Foreign Films, Calls Them a ‘National..’ Amid Hollywood’s ‘Fast..’ 03:19

 Donald Trump has launched a cultural and economic war by slapping a 100% tariff on all foreign-made films. Citing Hollywood’s “fast death” and claiming a national security threat, Trump’s move has stunned the global film industry. The order could reshape entertainment economics and...

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