From no federal aid to the threat of a tariff war or retaliation, the entertainment industry could be in for a bumpy ride under the incoming Trump presidency.
Already facing retrenchment and existential concerns about its business model, Hollywood is bracing for more potential volatility from the incoming Trump administration. While President-elect Donald Trump has not laid out specific plans for the entertainment industry, analysts said his proposed broader policies on global tariffs, as well as the threat of retaliation against companies, could put a chill on Los Angeles' signature business.
7 million American jobs, boosts more than 240,000 businesses in cities and small towns across the country, and delivers over $242 billion in wages to our workforce each year,' the group said in a statement. Analysts were also concerned about the effect a potential tariff war could have on the entertainment industry. If Trump follows through with his threats of global tariffs, nations like China could ban U.S.
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