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Disney CEO Iger Warns of Tariff Impact on Business

4/4/2025

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Summary

Story summary

Disney CEO Bob Iger raised concerns about President Trump's tariffs during a visit to ABC News.
He emphasized the challenges of relocating manufacturing to the U.S. and the public's misunderstanding of tariffs.
Iger cautioned that increasing costs might affect Disney's cruise line and result in budget cuts.
Trump's initial 10% tariff has contributed to market declines and heightened recession fears.

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Story summary

Disney CEO Bob Iger raised concerns about President Trump's tariffs during a visit to ABC News.
He emphasized the challenges of relocating manufacturing to the U.S. and the public's misunderstanding of tariffs.
Iger cautioned that increasing costs might affect Disney's cruise line and result in budget cuts.
Trump's initial 10% tariff has contributed to market declines and heightened recession fears.