
Over the past months, Americans have become very familiar with the concept of tariffs: fees paid upon import of goods, levied by a country to encourage keeping production within its borders. Tariffs are nothing new, but President Trump has doubled down on them, with a special focus on China. It’s definitely frustrating for supply chains, and their effectiveness remains to be seen, but the tariffs were applied to the standard industries of manufacturing and import/export, like the price of video game consoles.
But in a sweeping declaration, Trump has upended the very concept of tariffs by applying them to one of America’s most complicated industries: Hollywood.