Trump Tariffs Impact on Hollywood: Not Much ‘Direct Harm’ — but a Resulting Recession Would Be ‘One-Two Punch’ for the Entire Sector

The dramatic tariffs President Trump announced Wednesday won’t directly impose higher costs on most media and entertainment companies. However, the knock-on effects — namely, depressed U.S. consumer spending and a pullback in ad budgets — would clearly cut into Hollywood’s profits, according to analysts. Fears about the new Trump tariffs’ triggering a recession were reflected […]