The announcement of a 100% tariff on foreign-produced movies may have a ripple effect on the global economy, potentially leading to increased trade tensions and market volatility. As a result, investors may seek safer assets such as bonds, driving up demand and potentially lowering yields. The bond market may benefit from this shift in investor sentiment, particularly if the tariffs lead to a decline in stock market confidence. Historically, Trump's protectionist policies have been met with caution by investors, and this latest announcement may be no exception. The Department of Commerce and the United States Trade Representative's actions will be closely watched, and their impact on the bond market will depend on the severity of the tariffs and the response of other nations. Overall, the bond market may experience increased attractiveness as investors seek to mitigate potential losses from trade-related uncertainty.