Hollywood runs a trade surplus and Trump’s tariff idea could jeopardize it

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Hollywood runs a trade surplus and Trump’s tariff idea could jeopardize it - Fortune

Quick Summary:

Unlike other trades Trump has sought to protect, the U.S.film industry runs a $15.3 billion surplus—more than that generated by the telecommunications, transportation, healthcare and insurance sectors.

Rather than help Hollywood, the Cornell professor argues, they would actually undermine a thriving and globally competitive part of the U.S.economy.

Exporting films and intellectual property brings in more than the other industries that Trump usually thinks about, and these tariffs would put this in danger.