Media Stocks Hit After Trump’s Bombshell Plan To Tax Films Produced Outside U.S. – “Studios Carry A Significant Amount Of Risk”

Financial markets offered an early and negative response to President Donald Trump’s plans to slap 100% tariffs on movies produced outside the United States with shares of media and entertainment companies down in early trading across the board. Netflix, which has been on a roll, slipped 4% at the open and Warner Bros. Discovery is […]