Data from the Motion Picture Association also shows that American films made $22.6 billion in exports and $15.3 billion in trade surplus in 2023 — with a recent report noting that these films “generated a positive balance of trade in every major market in the world” for the U.S. The International Alliance of Theatrical Stage Employees, which represents behind-the-scenes entertainment workers across the U.S. and Canada, said in May that Trump had “correctly recognized” the “urgent threat from international competition” that the American film and television industry faces today. Many have reduced or suspended such quotas over the years in the name of open trade — but if the U.S. places a sweeping tariff on all foreign-made films, these kinds of quotas could come back, “which would hurt Hollywood film or any of the U.S.-made intellectual property,” Kim said.
Published at: 2025-09-29 21:37:21
Still want to read the full version? Full article