Also consider secondary effects. If you have a steel tariff anything that uses steel is more expensive. A lot of things use steel, so a lot of things get more expensive. Now thr sellers of those things have to make their stuff more expensive, at some point this increases some of the costs of a service company, e.g. energy bill, rent, the cost of computers and office stuff. A VFX company is more far removed from the steel market than a steel shop would be, but it still is not totally decoupled.

But we are not talking about a tariff on steel, we are talking about a tariff on everything.

> But we are not talking about a tariff on steel, we are talking about a tariff on everything.

You’re entirely correct here, but it’s ironic to see compared to the carbon tax in Canada, that the right latched on to as being a tax on everything.