- Unlike other sectors President Donald Trump has defended tariffs, the US film industry is a $ 15.3 billion surplus– more than telecommunications, transport, health and insurance. If Trump continued to continue his plan, it could cause billions of larger studios lost. Hollywood exports three times more than it imports and organizes a positive trade balance with every major international market.
This is undoubtedly President Trump's most innovative idea of trade – to establish tariffs for the industry where the US is a world leader who organizes a surplus of healthy trade.
So far, when his administration has accused foreigners of “stealing” hard working Americans, the White House is focused on goods such as motor vehicles and consumer electronics, where production has moved to the offshore. Import duties are then taken with the aim of restoring the US production base into its former glory and ensuring that the state is less dependent on the import of critical goods.
But what is the goal of tariffs when Hollywood is the dominant exporter of entertainment worldwide? According to the Mikide Association, its members sent a general trade surplus to $ 15.3 billion in 2023. In other words, there is no imbalance.
“The film business is explored by Heeyon Kim, a professor of strategy at Cornell University,” Heyon Kim. “There is no shortage – this is a very competitive part of the US economy. Exporting movies and intellectual property brings more than other industries that Trump usually thinks, and those tariffs would jeopardize it.”
“The idea of a rabbit”
If anything has been HollywoodleagueSuccessful. Countries were often forced to implement quotas to ensure that domestic cinema and television are not favorable with American pop culture. If Trump were to continue, the additional costs of trade partners and likely to be durable measures could cause billions of lost revenue for the US film industry.
They also risk thousands of job marketing and distribution. Cornell's professor states that instead of helping Hollywood, they would actually undermine the flourishing and global competition of the US economy.
Breaking: President Trump organizes a blockbuster video. Claims that it prevails from the US film industry. pic.twitter.com/nbg9b5uikf
– Scott Barber (@thescottbarb) May 5, 2025
In the published columnTermBill Mechanic, CEO of Pandemonium Films, said California loses production to other US states like Georgia, Louisiana and New Mexico, where the conditions are more favorable.
“Like so many other Harebraine ideas that come out of Washington today, it seems rather to think of rather than think through,” wrote For the entertainment news site. “It introduces a solution that does not solve anything, but aims to create titles and noise.”
Trump demands that after the studio falls
If the contact was takenTreasurerefused to submit a statement explaining his political position on Trump's proposals for film tariffs.
However, this pointed to the data: 1) exports three times more value when it imports 2) it created a surplus for the US in every larger market in the world and 3) it was responsible for a more positive contribution to trade than telecommunications, transport, insurance and health.
Nearly 40 years after Ronald Reagan said the most scary words in English, “I'm from the government and I'm here to help,” the most influential Republican president after he claimed he hoped to do it for Hollywood.
“I don't want to hurt the industry,” he demanded on Monday after Netflix, Disney, Warner Bros. Initially, Discovery and Paramount shares in early morning trading. “I want to help the industry.”
White House Spokesman Kush Desai spokeTreasureTrump had not yet remembered foreign film tariffs. If they are finally applied, it may result in higher costs for studios, less productions and fewer choices for consumers.
The mechanic said that the White House only makes things worse: “He's the man who lights fire on Hollywood,” he wrote in Deadline, “Not the one who puts it out.”
This story was originally reflected on Fortune.com
