Trump's New Tariffs Shake U.S. Markets Ahead of Fed Decision
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Trump's New Tariffs Shake U.S. Markets Ahead of Fed Decision U.S. Futures Slide as Trump Tariffs Stir Market Tensions Ahead of Fed Meeting U.S. stock index futures fell sharply on Monday morning after former President Donald Trump reignited fears of a global trade war by announcing a 100% tariff on foreign-produced movies . The sudden policy move added uncertainty to a market already on edge ahead of the Federal Reserve’s key interest rate decision this week. In a surprise announcement on Sunday, Trump said the new tariffs aimed to bolster domestic film production, but offered little detail on implementation. The ambiguity sent ripples through the entertainment industry, with Netflix dropping 3.3% in premarket trading, while Walt Disney and Warner Bros. Discovery fell 1.5% and 2.7% , respectively. The broader market responded swiftly. As of 05:05 a.m. ET , Dow E-minis were down 287 points (–0.69%) , S&P 500 E-minis dropped 48.5 points (–0.85%) , and Nasdaq 100 E-minis slid 191.75 points (–0.95%) . Fed Holds the Spotlight This Week While markets had en…