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Mission improbable: Donald Trump's movie tariff proposals defy logic

The notion of making Hollywood great again stems from the same concerns Mr Trump expresses for manufacturing: Jobs for production-related services, which have moved overseas.

Hollywood
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The US has consistently run a trade surplus in movies. According to one estimate, in 2023, the latest year for which figures are available, the US had a $15.3 billion trade surplus from films. (Photo: Reuters)

Business Standard Editorial Comment Mumbai

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American President Donald Trump’s tariff wars on the global goods trade were launched on the assumption that the United States (US) suffered because it ran huge deficits with most countries, so protective duties would bring investment and jobs back to the States. Most economists have described his reasoning as seriously flawed. It doesn’t require academic experts, however, to see the President’s decision to levy a 100 per cent tariff on films made in foreign countries as objectively irrational. Mr Trump appears to think that the US film industry has been “decimated” and has acted on the advice of one of

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