Hollywood studio stocks fall after Trump proposes foreign film tariff

How did your country report this? Share your view in the comments.

Introduction:

The news topic “Hollywood studio stocks fall after Trump proposes foreign film tariff” has drawn international attention, with various media outlets providing diverse insights, historical context, political stances, and on-the-ground developments. Below is a curated overview of how different countries and media organizations have covered this topic recently.

Quick Summary:

• Shares of Netflix, Disney, Paramount and Warner Bros. Discovery briefly fell in early-morning trading. President Donald Trump called tax incentives offered by foreign countries “a national security threat” He said he was authorizing the Department of Commerce to impose a levy on all films produced abroad that are sent to the United States. How Trump intends to implement these duties is unclear, as is exactly who is being targeted and who would foot that potential tariff bill.”We think the large studios and distributors … and various independent studios carry a significant amount of risk,” Wedbush’s Alicia Reese said. “Realistically, most of Netflix’s content is filmed by third party studios, and the company has little control over where the vast majority of its content is produced,” Reese said in a note to investors Monday. “We think … they will have to lobby the Trump administration to set a reasonable standard,” she said.
• Shares of Netflix, Disney, Warner Bros. Discovery and Paramount each dropped more than 2% after the opening bell. Trump said he had authorized the Commerce Department and US Trade Representative to begin instituting the tariffs, framing the measure as a national security issue. The White House said it has not yet made any final decisions on foreign film tariffs. The proposed tariff targets films made outside the US by American studios — a common practice driven by generous foreign tax incentives and production infrastructure in countries like the UK and Canada.“Nobody saw this coming,” one senior studio executive told the Wall Street Journal. “There was no heads-up, no draft language, nothing. Just a Truth Social post and chaos,’ another said. ‘It is, in addition to everything else, messaging and propaganda!’

Country-by-Country Breakdown:

Original Coverage

Shares of Netflix, Disney, Paramount and Warner Bros. Discovery briefly fell in early-morning trading. President Donald Trump called tax incentives offered by foreign countries “a national security threat” He said he was authorizing the Department of Commerce to impose a levy on all films produced abroad that are sent to the United States. How Trump intends to implement these duties is unclear, as is exactly who is being targeted and who would foot that potential tariff bill.”We think the large studios and distributors … and various independent studios carry a significant amount of risk,” Wedbush’s Alicia Reese said. “Realistically, most of Netflix’s content is filmed by third party studios, and the company has little control over where the vast majority of its content is produced,” Reese said in a note to investors Monday. “We think … they will have to lobby the Trump administration to set a reasonable standard,” she said. Read full article

Hollywood studios’ stocks dip after Trump announces 100% tariffs on movies produced abroad

Shares of Netflix, Disney, Warner Bros. Discovery and Paramount each dropped more than 2% after the opening bell. Trump said he had authorized the Commerce Department and US Trade Representative to begin instituting the tariffs, framing the measure as a national security issue. The White House said it has not yet made any final decisions on foreign film tariffs. The proposed tariff targets films made outside the US by American studios — a common practice driven by generous foreign tax incentives and production infrastructure in countries like the UK and Canada.“Nobody saw this coming,” one senior studio executive told the Wall Street Journal. “There was no heads-up, no draft language, nothing. Just a Truth Social post and chaos,’ another said. ‘It is, in addition to everything else, messaging and propaganda!’ Read full article

Global Perspectives Summary:

Global media portray this story through varied cultural, economic, and political filters. While some focus on geopolitical ramifications, others highlight local impacts and human stories. Some nations frame the story around diplomatic tensions and international relations, while others examine domestic implications, public sentiment, or humanitarian concerns. This diversity of coverage reflects how national perspectives, media freedom, and journalistic priorities influence what the public learns about global events.

How did your country report this? Share your view in the comments.

Sources:

• Original Article
• Hollywood studios’ stocks dip after Trump announces 100% tariffs on movies produced abroad

Source: https://www.cnbc.com/2025/05/05/movie-studio-stocks-trump-foreign-film-tariff.html