US President Donald Trump’s proposal to impose 100% tariffs on films produced outside the US has Hollywood and global entertainment experts sounding the alarm 🚨. Analysts say the plan could backfire, leading to fewer movies made overall rather than boosting domestic production.
William Reinsch, a former US Commerce Department official, warned the move would 'kill' the American film industry. 'We have a lot more to lose than to gain,' he told Reuters. Scott Roxborough, Europe bureau chief for The Hollywood Reporter, echoed this, predicting studios might scale back projects entirely instead of relocating production. 🎬
'This isn’t a Marvel plot twist—it’s real life,' Roxborough said. 'Fewer films mean fewer jobs, less creativity, and higher costs for audiences.' Industry insiders fear the policy could push streaming giants like Netflix to prioritize non-US content, shaking up global cinema dynamics 🌍.
With international shoots now a staple for blockbusters—think Mission: Impossible scaling Dubai skyscrapers or Avatar filming in New Zealand—this tariff could turn into a box office bomb 💥. Will politics derail the silver screen? Stay tuned.
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Experts say Trump's tariff plan could 'kill' US film industry
cgtn.com