Netflix and other media stocks tumble on Trump's pledge to hit foreign films with 100% tariff
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- Netflix and other media stocks dropped Monday after Trump called for a 100% tariff on foreign films.
- Trump said the issue was a national security concern.
- Netflix, Disney, and Fox Corp. were among those hit hardest by the news.
The move: US media stocks tumbled lower on Monday. Here are some of the biggest moves:
- Netflix: down 6.2%.
- Paramount Global: down 3.1%.
- Walt Disney Co.: down 3.6%.
- Fox Corp....