American Media Stocks Drop After Donald Trump’s 100% Tariff Threat

US media stocks dropped today, the 5th of May, 2025, after Donald Trump’s announcement of a 100% tariff on all movies produced outside America.

This move is set to significantly impact Hollywood’s global operations and the broader entertainment industry, and the world has been reacting.

The proposed tariff, though lacking in specific details, raises uncertainty about if it will apply to films on streaming platforms, theatrical releases, or if it will be calculated based on production costs or box office revenue.

According to analysts, streaming services, especially Netflix, might be the most vulnerable to the tariff policy, because Netflix has built its content model around a global production network aimed at delivering localized and international content.

Following the announcement, Netflix shares fell 4.9% in premarket trading, leading the decline in media sector stocks.

Despite Los Angeles’ reputation as the center of the movie industry, none of this year’s top 10 Oscar contenders were filmed in the city, highlighting the extent to which production has shifted overseas.

WOW.

Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who served as the 45th president of the United States from 2017 to 2021.

Trump graduated from the University of Pennsylvania with a bachelor’s degree in economics in 1968. He became president of his father’s real-estate business in 1971 and renamed it the Trump Organization. He expanded its operations to building and renovating skyscrapers, hotels, casinos, and golf courses and later started side ventures, mostly by licensing his name. From 2004 to 2015, he co-produced and hosted the reality television series The Apprentice. He and his businesses have been plaintiff or defendant in more than 4,000 state and federal legal actions, including six business bankruptcies.

Donald John Trump was born on June 14, 1946, at Jamaica Hospital in Queens, New York City, the fourth child of Fred Trump, a Bronx-born real-estate developer whose parents were German immigrants, and Mary Anne MacLeod Trump, an immigrant from Scotland. Trump grew up with older siblings Maryanne, Fred Jr., and Elizabeth and younger brother Robert in the Jamaica Estates neighborhood of Queens, and attended the private Kew-Forest School from kindergarten through seventh grade.