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Icetoad 🍕 🎩 🐈 pfp
Icetoad 🍕 🎩 🐈
@icetoad.eth
Someone explain to me how Trump is actually going to implement and execute his 100% tariff on foreign movies.
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Chainleft
@chainleft
I'm not an expert. But they're a product like everything else. They need distributors inside the US and can be tariffed accordingly. But I think they'd have a lot more loopholes than purely physical products. What's funny is that US exports a lot more in movies than imports so any retaliatory tariff would hurt soo much more than the previous retaliatory tariffs (plus the loss of cultural influence)
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Icetoad 🍕 🎩 🐈
@icetoad.eth
Yep. Domestic movie industry creates a large trade surplus so this move may end up resulting in something that runs counter to his wider trade policy goals.
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