By unilaterally imposing tariffs, Trump has exerted extraordinary influence over the flow of commerce, creating political risks and pulling the market in different directions. There are tariffs on autos, steel and aluminum, with more imports, including pharmaceutical drugs, set to be subject to new tariffs in the weeks ahead.

President Trump on Sunday announced movies as his latest target for tariffs​ because the U.S. movie industry "is DYING a very fast death."

President Donald Trump is eyeing Hollywood for his next round of tariffs, threatening to levy all films produced outside the U.S. at a steep rate of 100%. Over the weekend, Trump accused other countries of “stealing the movie-making capabilities” of the U.