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Donald Trump & Tariffs Are Killing the Hollywood Blockbuster
America's biggest trade surplus is technically cultural; we export culture, rather than import it. For instance, Hollywood films do well across the world, but even the best subtitled international films never perform anywhere near the level of America's homegrown productions. As a result of this, billions of dollars come into the United States, and millions of people get jobs. China, the world's second-largest movie market, has only become more economically significant for America and Hollywood over the years. That's about to change, and the consequences could fundamentally alter America's cinematic industrial complex. Goodie!
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