President Donald Trump stated in a post to Truth Social: “Our movie making business has been stolen from the United States of America, by other Countries, just like stealing ‘candy from a baby.’ California, with its weak and incompetent Governor, has been particularly hard hit! Therefore, in order to solve this long time, never ending problem, I will be imposing a 100% Tariff on any and all movies that are made outside of the United States. Thank you for your attention to this matter. MAKE AMERICA GREAT AGAIN! President DJT” Publicly traded owners of film studios include Comcast (CMCSA), Disney (DIS), Sony (SONY), Warner Bros. Discovery (WBD), Lionsgate Studios (LION) and Paramount Skydance (PSKY).
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