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Bob Iger is freaking out about Trump’s tariffs and its impacts on their Disney Cruise Ships. In fact, he popped in unannounced to ABC News to try and whip the media up into a frenzy over them…
Bob Iger, CEO of Disney, expresses concern that Trump’s tariffs could increase production costs, negatively impacting Disney’s profits and operations, particularly in the cruise line sector, while also highlighting the challenges of bringing manufacturing back to the U.S.
00:00 Bob Iger is worried that Trump’s tariffs could negatively impact Disney’s profits and the economy, particularly affecting Disney Cruise Line construction.
02:06 Disney’s CEO is anxious about the challenges of bringing manufacturing back to the U.S. due to a lack of infrastructure and trained workers, highlighting the consequences of previous outsourcing decisions.
02:46 Disney fears Trump’s tariffs will raise ship production costs, risking cruise orders and causing stock decline.
04:27 Disney cruises are costly and less appealing than other vacations, but their profitability relies on high capacity and frequent sailings.
06:07 Disney is leveraging its theme park experiences to attract visitors to shorter, themed attractions, but the cost of a full park visit remains significantly higher.
07:01 Iger is worried that rising steel costs from Trump’s tariffs could force Disney to cut back on new cruise ships and spending.
08:02 Iger’s surprise visit to ABC News suggests he aimed to influence their reporting on tariffs, expressing his concerns directly to shape public understanding.
09:05 Disney is worried about Trump’s tariffs affecting costs, leading them to oppose the policies while questioning CEO influence on media.
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