Netflix, Disney Shares Slip on Tariff Plans, Berkshire Slumps on Buffett Succession
On this episode of Stock Movers:- Film and media companies like Netflix (NFLX) and Disney (DIS) saw shares falling on Monday after President Donald Trump announced that he plans to impose a 100% tariff on films produced overseas. In post on Truth Social, the American leader said he was directing the Commerce Department and his trade representative to “immediately begin the process of instituting” the levy on foreign movies. “WE WANT MOVIES MADE IN AMERICA, AGAIN!” Trump continued. The president also positioned foreign productions as a national security threat, saying…
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