One Big Way Trump Tariffs May Upend Hollywood Production
www.hollywoodreporter.com
A threat of a 25 percent tariff on Canadian and Mexican exports is likely to depress the value of the Canadian dollar even further, making it even cheaper to shoot up north — and sticking it to Gavin Newsom's plan to staunch a California production exodus.
    • TheFriar@lemm.eeEnglish
      4·
      6 days ago

      Yeah but there are a lot of people tied to the production industry. Caterers, art dept, lighting/grip, production, camera, actors, writers, HMU, studios, G&E rental companies, prop rental companies, van rental companies, truck rental companies—and that’s just people involved directly in the production aspect. When you talk post production, distribution, every loosely connected type of company that survives on production…you’d be shocked how many people it takes to make even a 30 second commercial. Let alone movies, tv shows, documentaries, etc.

  • yesman@lemmy.worldEnglish
    171·
    7 days ago

    The knock on effects of tariffs are wild. You may have noticed a trend in the last few years of pillows and sleeping bags being half stuffed animal and marketed to kids. These products exist because the tariffs on bedding are lower than on toys.

  • kmartburrito@lemmy.worldEnglish
    31·
    6 days ago

    At this point, I would prefer his tariffs to literally skull fuck every single industry so that it’s crystal fucking clear that they are the cause of the impacts to his base.

    I know they will literally lap up the shit fox news is slinging to them but it will not be able to be swept under the rug if the impact is big enough and opponents are loud enough.

    I’m sure I could and probably will be wrong. There needs to be a clear as fuck message sent to all of the idiots that voted for him and all of the fuckwits that didn’t vote for his opponent.

  • Endymion_Mallorn@kbin.melroy.org
    112·
    7 days ago

    More proof that we need a labor or service tariff. We shouldn’t allow US companies to employ cheap foreign labor without having to make up the difference in taxes. Every job in America should optimally either be filled by an American citizen, or just as expensive to the employer as hiring an American. In the rare case we don’t have a citizen able to do it, invite the most skilled foreign citizen on a work visa to be treated and paid same as our citizens.

    • towerful@programming.devEnglish
      11·
      6 days ago

      No, trump built a wall. It fixed the immigration issue. There are no immigrants in ba sing se America. Well, unless democrats are in power. Then it’s a crisis

      • Endymion_Mallorn@kbin.melroy.org
        13·
        6 days ago

        I’m not talking about the immigration issue. I’m talking about what this article is addressing, which is a form of offshoring. Yes, they’re talking about it in the entertainment industry, but it’s the same problem across all industries. There’s no difference to me between using an animation studio in Canada or a call center in India. We need to protect our labor - knowing that Americans are some of the most expensive employees in the world.

  • Snot Flickerman@lemmy.blahaj.zoneEnglish
    414·
    7 days ago

    Does it matter when most of the money is in YouTube anyway?

    Bloomberg has valued YouTube, on its own/spun-off from Google, at around $400 billion, which is about half of the entire entertainment industry’s market cap.

    Vapid crap won over art. Trump himself is literally a symptom of the same problem. Oh well. Just add it to the pile of evidence that maybe humans are actually just terrible.

  • Vince@lemmy.worldEnglish
    512·
    7 days ago

    I’ve been mostly ignoring all this tariff talk. Is there reason to believe that this will be any different from his promise of building a wall?

      • Vince@lemmy.worldEnglish
        6·
        6 days ago

        Wow, did not expect downvotes for asking a question, so thanks for responding.

        I guess to clarify, I’m not worrying too much because if or when these tariffs get implemented and they prove to be ineffective and unpopular, he will immediately fold and backtrack. But I realize now, this will probably have it’s own consequences.

        • towerful@programming.devEnglish
          6·
          6 days ago

          The issue is that nobody trusts corporations/capitalism.
          Companies will have to increase prices due to tariffs because the line has to go up.
          And when trump implements tariffs and the (if) he folds, the prices won’t go back down. They will stay at that level. Because suddenly, C-suite get to show a huge line-go-up and they get to receive a huge bonus that reflects this 25% (well, lower. But the required rise due to tariffs suddenly being free real-estate) profit increase that they pull out of their ass.

        • bassomitron@lemmy.worldEnglish
          41·
          6 days ago

          That’s the circlejerk effect for ya. It’s also hard to discern people’s tone online, so some people may interpret a genuine question as something insincere. Not like it really matters though, points aren’t worth anything haha

          Anyway, I wouldn’t be so sure he’d fold and backtrack on unpopular policy. He rarely did during his first term, and there were many very unpopular things he did.

          Personally, I’m of the view that if Trump is implementing any economic policies like this, it’s going to be making him money directly and/or indirectly. So if that’s his ulterior motive in this context, he won’t care how unpopular it is until he extracts whatever amount of money he wanted out of it. Then, once he or his allies have made their money, they’ll roll back the policy and play it off like he had a change of heart and his bullshit PR outlets will spin it as him having some grand plan all along…