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Disney’s stake in China could be imperiled If Trump follows through on his threat
The Walt Disney Company may be as American as, well, Mickey Mouse, but the Burbank, California entertainment behemoth has an immense interest in keeping trade relations smooth with China. The country is rapidly becoming a major source of up-and-coming consumers who love American brands — Disney makes movies that are popular in China and two of its three major international theme parks are located there.
This relationship helps explain Disney Chairman and CEO Bob Iger’s warning to President Donald Trump about the damage the president’s trade policy could wreak, should he deal carelessly with the world’s second-largest economy.
The Walt Disney Company may be as American as, well, Mickey Mouse, but the Burbank, California entertainment behemoth has an immense interest in keeping trade relations smooth with China. The country is rapidly becoming a major source of up-and-coming consumers who love American brands — Disney makes movies that are popular in China and two of its three major international theme parks are located there.
This relationship helps explain Disney Chairman and CEO Bob Iger’s warning to President Donald Trump about the damage the president’s trade policy could wreak, should he deal carelessly with the world’s second-largest economy.
