Sounds like it’s even stupider than that - he wants to tariff movies sold in the US by US companies which were filmed overseas. So it not only doesn’t go through a port, the finished movie doesn’t cross borders at all.
Hollywood accounting is very experienced at making money disappear when taxes are due, I can’t imagine tariffs would pose any problem at all. Anything that crosses the border will be worth $0 and make a loss, they’ll have the paperwork to prove it.
I might be completely wrong about what Trump meant here. Which is fair, really - he likely doesn’t know what he meant either.
Sounds like it’s even stupider than that - he wants to tariff movies sold in the US by US companies which were filmed overseas. So it not only doesn’t go through a port, the finished movie doesn’t cross borders at all.
Hollywood accounting is very experienced at making money disappear when taxes are due, I can’t imagine tariffs would pose any problem at all. Anything that crosses the border will be worth $0 and make a loss, they’ll have the paperwork to prove it.
I might be completely wrong about what Trump meant here. Which is fair, really - he likely doesn’t know what he meant either.