Analyst: Trump's imposition of tariffs on movies weakens optimism.

Before President Trump approved the imposition of 100% tariffs on overseas produced films and ahead of this week's Federal Reserve meeting, concerns about the trade tensions have resurfaced. RBC Capital Markets analyst Ipek Ozkardeskaya stated that Trump's announcement has dampened the optimistic sentiment that the trade tensions could ease last week. The Federal Reserve is expected to keep interest rates unchanged on Wednesday, but it may hint at a possible rate cut in the coming months if the economy weakens.