News
November 24, 2025
Donald Trump associate Steven Paul says tariffs would not be good for entertainment business
“Hopefully we won’t be going down that path,” producer says.
**Tariffs Could Spell Trouble for Entertainment, Warns Trump Associate Steven Paul**
Hollywood producer and long-time associate of Donald Trump, Steven Paul, has voiced concerns about the potential negative impact of tariffs on the entertainment industry. Speaking recently, Paul expressed hope that the U.S. would avoid implementing widespread tariffs, arguing that such measures could ultimately harm the creative and financial aspects of the business.
While Paul did not specify which types of tariffs he was referring to, his comments come at a time when global trade tensions are high, and various sectors are grappling with the potential consequences of increased import duties. The entertainment industry, with its intricate global network of production, distribution, and talent, is particularly vulnerable to disruptions in international trade.
Increased tariffs could affect several key areas. Film and television production often relies on international locations for filming, and tariffs on equipment or services could significantly increase production costs. Furthermore, the distribution of films and TV shows internationally could become more expensive, potentially impacting revenue streams for studios and production companies.
"Hopefully we won't be going down that path," Paul stated, reflecting a sentiment shared by many in the entertainment world. The industry thrives on collaboration and accessibility, and any barriers to international cooperation could stifle creativity and limit the reach of American entertainment.
Paul's connection to Donald Trump adds weight to his concerns. As a business associate, his perspective likely carries significant insight into the potential economic strategies being considered. His warning suggests that even within Trump's own circle, there are voices cautioning against protectionist trade policies that could hurt specific sectors.
The entertainment industry contributes significantly to the U.S. economy, providing jobs and generating substantial revenue. Industry leaders are closely monitoring trade developments, hoping for policies that foster international collaboration and avoid unnecessary financial burdens. Paul's comments highlight the delicate balance between protecting domestic industries and maintaining the global competitiveness of American entertainment. The coming months will be crucial in determining the future of trade relations and their impact on the creative landscape.
Hollywood producer and long-time associate of Donald Trump, Steven Paul, has voiced concerns about the potential negative impact of tariffs on the entertainment industry. Speaking recently, Paul expressed hope that the U.S. would avoid implementing widespread tariffs, arguing that such measures could ultimately harm the creative and financial aspects of the business.
While Paul did not specify which types of tariffs he was referring to, his comments come at a time when global trade tensions are high, and various sectors are grappling with the potential consequences of increased import duties. The entertainment industry, with its intricate global network of production, distribution, and talent, is particularly vulnerable to disruptions in international trade.
Increased tariffs could affect several key areas. Film and television production often relies on international locations for filming, and tariffs on equipment or services could significantly increase production costs. Furthermore, the distribution of films and TV shows internationally could become more expensive, potentially impacting revenue streams for studios and production companies.
"Hopefully we won't be going down that path," Paul stated, reflecting a sentiment shared by many in the entertainment world. The industry thrives on collaboration and accessibility, and any barriers to international cooperation could stifle creativity and limit the reach of American entertainment.
Paul's connection to Donald Trump adds weight to his concerns. As a business associate, his perspective likely carries significant insight into the potential economic strategies being considered. His warning suggests that even within Trump's own circle, there are voices cautioning against protectionist trade policies that could hurt specific sectors.
The entertainment industry contributes significantly to the U.S. economy, providing jobs and generating substantial revenue. Industry leaders are closely monitoring trade developments, hoping for policies that foster international collaboration and avoid unnecessary financial burdens. Paul's comments highlight the delicate balance between protecting domestic industries and maintaining the global competitiveness of American entertainment. The coming months will be crucial in determining the future of trade relations and their impact on the creative landscape.
Category:
Business