How will Trump plan for tariffs on movies affect the global film industry?

How will Trump plan for tariffs on movies affect the global film industry?

Trump imposes 100% tariffs on US-produced movies and those that are produced abroad.

California, the birthplace of the film industry in America, has fallen behind in recent years to become the sixth-most preferred location for film production and production.

Hollywood producers are drawn to the city centers in Canada, the UK, Central Europe, and New Zealand as a result of a variety of financial advantages.

Donald Trump, the president of the United States, claims he wants to “make movies in America, again” to reverse this trend.

And he’s doing it with the stick.

Trump has imposed 100 percent tariffs on American films and those imported from abroad.

Hollywood and the European film industry have been tense by the decision.

How will the tariffs be put into effect, then? Will a movie that was made outside the US be punished?

What about streaming-based content like movies? And how will the global movie industry be impacted by the tariffs?

Presenter: James Bays

Guests:

Jurist and journalist Jonathan Handel in the field of entertainment

International Chamber of Commerce, United Kingdom Secretary-General Chris Southworth

Hollywood director, screenwriter, and author Kamran Pasha

Source: Aljazeera

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