Hollywood studio stocks fall after Trump proposes foreign film tariff
Scenes of the mountains in front of the hollywood sign On March 5th 2017 in Los Angeles, United States of America.Investors in Hollywood's top studios and streaming services were spooked Monday after President Donald Trump proposed implementing a 100% tariff on movies made overseas.Shares of Netflix, Disney, Paramount and Warner Bros. Discovery fell ahead of the opening bell, with Comcast-owned Universal also trading slightly down. Here's how those share moves shook out: Netflix down more than 5%Disney down ...