US media stocks slide on Wall Street after Trump threatens movie tariffs
1. Trump proposed 100% tariffs on films made abroad, raising production costs. 2. Netflix relies on global production; tariffs could significantly impact its business. 3. Hollywood studios have shifted production overseas to cut costs, risking content quantity. 4. Analysts warn higher costs could lead to reduced film output and job losses. 5. Tariff implementation timeline remains uncertain; short-term impact deemed unlikely.