Film Industry in Shock as Trump Targets Foreign-Produced Movies
Former U.S. President Donald Trump ignited a firestorm this week by proposing a 100% tariff on films made outside America, claiming the U.S. movie industry is 'DYING a very fast death.' 🚨 The move has left Hollywood scrambling, with experts calling the plan 'nonsensical' and a threat to creative freedom.
'It's going to stifle creativity… budgets will explode,'
CBS News reporter Carter Evans told audiences, comparing the policy to a 'five-alarm fire' for indie filmmakers. Meanwhile, Netflix shares tumbled 📉 as investors feared new costs for globally produced hits like Squid Game or Money Heist.
Streaming Giants on Edge 🌍💼
CNN Business reported execs at major studios and platforms are 'downright apoplectic,' fearing tariffs could upend international collaborations. Low-budget projects—think Sundance darlings or K-drama co-productions—might vanish overnight if forced to shoot solely in the U.S.
Could this policy rewrite Hollywood’s script? 🎥 For now, filmmakers and streamers are stuck in a cliffhanger…
