<ul><li>Netflix and other media stocks plummeted after President Trump proposed a 100% tariff on foreign films, citing national security concerns.</li><li>Companies like Netflix, Disney, Fox Corp., and others experienced significant stock price declines following the announcement.</li><li>Investors reacted to the news by selling shares of major streamers and movie companies as Trump aims to promote more American-made films.</li><li>The proposed tariff could impact US production companies filming overseas and signal an escalation in the trade war despite progress in negotiations with other countries.</li></ul>

Netflix and other media stocks tumble on Trump's pledge to hit foreign films with 100% tariff

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