Hollywood stocks tumble after Trump's latest big tariffs announcement as he says the movie industry is 'DYING'

New Photo - Hollywood stocks tumble after Trump's latest big tariffs announcement as he says the movie industry is 'DYING'

Hollywood stocks tumble after Trump's latest big tariffs announcement as he says the movie industry is 'DYING'


The stock market took a beating after President Donald Trump announced he would be imposing a 100 percent tariff on any movie produced outside of the United States. Trump said he made the decision to save America's movie industry from 'dying a very fast death' - but shares drastically declined overnight plunging the stock market into chaos. Shares in Disney, Netflix, Warner Bros. Discovery, Paramount and Comcast were down one percent or more by Monday morning.
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