Paramount stock fell 4% and Warner Bros.
Discovery by 2%.
Nexstar, Charter, Fox, Comcast, Snap, Roku and Google parent Alphabet lost ground.
President Donald TrumpAndrew Harnik/Getty Images
Tariffs are expected to raise prices for many goods even as post-Covid inflation lingers.
The Dow Jones Industrial Average fell about 500 points.
The Nasdaq, S&P 500 and Russell 2000 all ended lower.
The doubling came after Ontario threatened to raise surcharges on electricity sent to the U.S. USCMA is the United States-Mexico-Canada Agreement on trade.
Those cars can easily be made in the USA!
He met with tech executives at the White House on Monday, which saw a major market selloff.