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#trumptariffs

70 Beiträge54 Beteiligte9 Beiträge heute

Journalists wonder whether Trump movie tariffs tax production costs or import. Tariffs don't work this way. You tariff sales prize and that is tariff on CDs and streaming services with tariff per view.

It'll suck for the US consumer.

What the US custom will not know are the production costs. They may be released to impress but usually they are a thing of the companies involved in the country of production.

#TrumpTariffs#Movie#Studios

#GlobalEconomy already feeling drag from #TrumpTariffs

#Trump's #tariffs are increasingly clogging up the wheels of a world #economy which for decades were greased by predictable & relatively #FreeTrade.

Big-name multinationals right down to niche e-commerce players last week cut sales targets, warned of #job cuts & reviewed their #business plans, while major economies revised down growth prospects amid bleak data read-outs.

#recession #trumpcession
reuters.com/world/china/global

Antwortete im Thread

@w7voa

Oh, please let him do it.😂 We can eat buckets of popcorn watching this Keystone Cops mismanagement of the #AmericanEconomy. 🤣

According to the #MotionPictureAssociation, the industry generated a positive balance of trade in every major market in the world, with exports 3.1 times that of imports. The industry produced $22.6 billion in exports, and $15.3 billion in trade surplus. #Trump’s point, though, was to keep that U.S. production within the U.S.

That said, other countries also could respond to the 100% tariff with their own duties on U.S. films, which would have an impact on #InternationalBoxOffice returns, which are a huge chunk of major studio revenue. #Disney, the global box office leader in 2024, drew $2.23 billion in the U.S. and $3.23 billion internationally.

#MovieIndustry #TrumpTariffs

deadline.com/2025/05/trump-mov

Donald Trump vs. CBS: An analysis
Deadline · Donald Trump Says He’s Pursuing 100% Tariffs On Movies Produced Outside U.S., Calling Runaway Production “A National Security Threat”Von Ted Johnson

Under WTO General Agreement on Tariffs and Trade (GATT) & General Agreement on Trade in Services (GATS), Digital films (streaming/downloads) are services/intellectual property, and fall under GATS — which makes direct tariffs nearly impossible.

With all due respect President Donvict, you are giving a nearly impossible directive.

#USpol#film#TrumpTariffs

The Trump Tariffs are already causing damage. We can expect ripple effects comparable to the early-pandemic supply chain shocks of 2020.

The 20th century’s Great Depression had a saying:

Use it up.
Wear it out.
Make it do,
or do without.

Until the destructive Trump Tariffs are rescinded, we’ll all need to cut back on what we buy. Part of that will be cutting back on what we waste. We’ve prepared some recommendations.

buff.ly/G0VLSKY