Media and tech stocks are following broadermarketsin a volatile Tuesday, retreating in mid-afternoon trading after an early surge.
However, nothing going withChina, the nations third largest trading partner after Canada and Mexico.
China will never accept it.
Volatile stock market sees rally dim as China vows to “fight to the end” in trade warGetty Images
If the U.S. insists on its own way, China will fight to the end.
China had been loosening up with more U.S. films than ever finding a berth over the past few years.
At the same time, local language film led by blockbusterNe Zha 2has been booming.
production abroad, or streamers obligation to fund local production in a globally interconnected entertainment industry.
Media stocksare mixed as well.
Discovery, Paramount and Imax are down, Disney and Netflix trending higher.
Google and Meta are in positive territory, Apple and Amazon are off.
CEOs have begun speaking out and some economists predicted the trade war could tip the country into a recession.
In a CNBC interview, Navarro had called the Tesla founder and CEO a car man.
Hes a car person.
Thats what he does.
And he wants the cheap foreign parts.
Over the weekend, he spoke publicly about it for the first time.
