On the import of China, Mexico and Canada, the new American tariff President Trump on Monday left shares across the board, in which the shares of media companies fall as investors were struggling with America’s new trade wars.
On Saturday, Trump signed executive orders subject to imported goods from Canada and Mexico with 10% tariffs on sugar imports with 25% tariffs (which is 10% tariff with Canadian energy products, which is 10% tariff).
In early trade on Monday, Major US Market Index fell on Trump’s works, promising to increase the price of goods for American consumers and businesses in many areas. Dow Jones Industrial Average -1.1%was, S&P 500 -1.41%fell and Tech -centered Nasdaq Composite -fell -1.64%.
Among media stocks, Disney was -1.3%, Warner Brothers discovered -3.3%fell, Coccompt -0.7%fell and Netflix -0.8%. The shares of Trump Media and Technology Group, which operate the truth social media platform, were 4%below.
more to come
