Stock prices for Netflix, Disney, and Warner Bros. Discovery fell this morning after President Trump took to social media to warn of major incoming tariffs for films made overseas. This Sunday, Trump used Truth Social to announce another escalation of his ongoing trade war.

Media stocks fell Monday following President Trump's call for a 100% tariff on all foreign-produced films. Netflix (NFLX), Warner Bros. Discovery (WBD), and Paramount Global (PARA) were each down around 1% in late afternoon trading after paring steeper losses earlier in the session.

The streaming giant's bulletproof status against Trump's trade war got hit with a Sunday social media punch, but strategists still have faith.