Disney CEO Bob Iger Warns ABC Staff on Trump Tariffs
Disney CEO Bob Iger Warns ABC Staff on Trump Tariffs

Disney CEO Bob Iger Warns ABC Staff on Trump Tariffs

News summary

During a recent editorial meeting at ABC News, Disney CEO Bob Iger expressed serious concerns regarding President Trump's new tariffs, which he believes could significantly affect both his company and the broader American economy. Iger pointed out the challenges of rapidly relocating manufacturing back to the U.S. and noted that many people lack a clear understanding of how tariffs function. He specifically highlighted the potential negative impact on Disney Cruise Line, particularly due to rising costs associated with constructing new ships that require steel. Iger's remarks reportedly served as a call for ABC News to better inform the public about these issues. His appearance comes amid a tumultuous economic climate exacerbated by the tariffs, which could lead to cuts in advertising spending from affected industries. Disney has not publicly commented on Iger's statements or the implications of the tariffs yet.

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2
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1
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1
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Last Updated
12 days ago
Bias Distribution
50% Right
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