As an industry This makes it possible for movies and TV shows (in Trade Speech: Services, not Products) to be considered as President Donald Trump’s tariffs. Despite the significant decline in the stock market over the past month, streaming players like Netflix seem to be a good choice.

On Sunday, things changed. Trump achieved socialization and announced that the American film industry was "dying", and he wanted to bring it back with his favorite leverage: tariffs. Specifically, the movie "films produced on foreign land" is 100% tariff.

By Monday, White House spokesman Kush Desai had braked in a statement and told the Hollywood Reporter that there was “no final decision” on the tariffs. This has not stopped the industry from spiraling. Stocks on Netflix, Disney and other media properties are starting to fall, but there is a real uncertainty in a very different question: How do you tariff movies?

The tariffs deployed by Trump are designed to make imports so financially that the company produces its products in the United States. However, the movie is not a car or an iPhone. They won't come and pay taxes at the port. Do tariffs apply to foreign movies purchased by U.S. distributors? Would it be important if American studios made movies but shot some scenes overseas? Will it include TV programs? The new movie will be filmed like the upcoming foreign filming Task: Impossible - The final estimateIf the tariffs go offline and take effect, will you find yourself getting a huge bill? The answer has not arrived yet.

While tariffs are unlikely to have the impact he wants, the federal tax credit program for filmmakers (which California politicians have spent years advocating) should be a stronger option. However, at the time of writing, no Trump has indicated that he has desires.

Many of the confusion about Trump’s proposed tariffs are the result of a maze of modern film-making methods. Over the years, Hollywood studios have been filming abroad in search of tax benefits offered in places like the UK, Canada or Australia that essentially subsidize the cost of renting local facilities and hiring local staff in exchange for bringing the business to these countries. Visual effects and other aspects of post-production can also be outsourced. Bringing this work back to the United States will be good for American filmmakers and their staff, but there are no clear signs that tariffs will do so. More likely studios will only make fewer movies, or - as consumers see tariffs on other goods, the price hitting Cineplex will rise.

"It's hard to see that the U.S. government can actually tariffs," film analyst David Hancock wrote in a LinkedIn post on Monday. Usually, movies are digital documents, and their rights are often distributed among creators, financiers and other entities. “The U.S. government must ban American producers from working abroad, which will greatly reduce the number of films produced and greatly weaken the number of their film industry,” Hancock wrote. “Or they must establish a federal tax credit program” to help American studios maintain their production without seeing their costs soar.