US media stocks slide on Wall Street after Trump threatens movie tariffs

<p>Netflix, Amazon, Warner Bros Discovery and Paramount shares fall as studios reel from announcement</p><ul><li><a href="https://www.theguardian.com/us-news/live/2025/may/05/donald-trump-tariffs-film-industry-alcatraz-russia-israel-us-politcs-live-updates">US politics live – latest updates</a></li></ul><p>Shares in US streamers and production companies fell on Monday, after Donald Trump said he would <a href="https://www.theguardian.com/us-news/2025/may/04/trump-tariffs-foreign-movies">introduce 100% tariffs on films made abroad</a>, a move that couldsharply raise costs for Hollywood studios.</p><p>Trump’s announcement on his <a href="https://truthsocial.com/@realDonaldTrump/posts/114452117143235155">Truth Social platform</a>, revived worries about the US president’s trade policy and its impact on the world economy.</p> <a href="https://www.theguardian.com/us-news/2025/may/05/us-media-stocks-slide-trump-movie-tariffs-netflix-amazon">Continue reading...</a>