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.

Donald Trump said the American movie industry was dying a "very fast death" due to the incentives that other countries were offering to lure filmmakers.

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