Hollywood is bracing as President Trump’s promised (and ever-fluctuating) tariffs threaten to balloon the price of materials required for physical production, from lumber to fabric.
For many in the production space, fears are mounting that the current and threatened tariffs, as well as the unpredictability of the future of global trade, could harm the already-weakened state of domestic film and television set work.
Creatives who spoke to The Hollywood Reporter largely aren’t yet feeling the impacts of the latest developments in import taxes. After Trump announced a baseline tariff on all imported goods with further penalties for about dozens of countries on April 2, he reversed course and now the 10 percent baseline, a 25 percent tariff on certain Canadian and Mexican goods, cars and steel and aluminum imports and a 145 percent tariff on Chinese goods is in effect, for now.