How Donald Trump’s Trade Tariffs Will Hit The International Film & TV Biz

deadline.com:

The world is reeling from Donald Trump’s grand tariff announcement, which was positioned by the POTUS as “liberation day.” Virtually no nation (bar notable exceptions including Russia) has escaped the tariffs, which have been mentioned almost daily by Trump since he returned to the White House and are at a 10% baseline, rising above 50% in places like China.

World leaders responded with frustration and anger. China’s Ministry of Commerce slammed “typical unilateral bullying practice,” European Commission President Ursula von der Leyen warned of “dire consequences” for millions of people and Australian PM Anthony Albanese said the move is “not the act of a friend.” Given how much the American film and TV biz has helped supercharge local industries, we have woken up to nervousness around how all of this will impact international, especially in smaller nations that have become heavily reliant on American fare or selling to the States.

Sources from the international sector have been getting in touch with concerns over what may happen to their ability to sell shows into the U.S., whether American production abroad will be stymied and the future of local streamer obligations, the latter of which have been feeling the heat of the Trump administration over the past few weeks.

The good news is that it appears from early conversations that tariffs will not be specifically slapped on the production or sale of TV shows or movies into the U.S.