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.

President Donald Trump called for a 100 percent tariff on movies produced overseas in a Truth Social post Sunday night, confounding studio executives and critics about what this could mean for the heavily globalized film industry.