#MarketPullback

President Donald Trump has announced a 100% tariff on foreign-made films, citing the rapid decline of the U.S. movie industry due to foreign incentives attracting filmmakers abroad. He labeled this a national security threat and authorized the Department of Commerce to start implementing the tariffs, though details remain unclear. This move adds to recent trade tensions, as another round of auto tariffs has just taken effect, further straining markets. Meanwhile, Bitcoin has dropped below $94,000, signaling bearish sentiment in the cryptocurrency market. Together, these developments reflect growing economic uncertainties and a notable market pullback.