President Trump renews his call for a 100% tariff on overseas films entering the U.S., signaling a shift in trade policy toward cultural industries. The move could disrupt Hollywood’s global model, raising concerns among studios and unions relying on international markets and co-productions.
00:00A major shake-up could be coming to Hollywood's global business model, and it's coming straight from the White House.
00:06And of course, U.S. President Donald Trump announced Monday that he plans to impose 100% tarifs on all films produced overseas and imported into the United States.
00:20It's a move that revives a threat he first made back in May, one that could dramatically reshape the entertainment industry.
00:27They proposed tarifs signals a new direction in Trump's protectionist trade policies, this time targeting cultural industries.
00:35Industry analysts say the move could disrupt international co-productions and box office revenues, which many studios rely on.
00:43Back in May, when the idea was first floated, entertainment executives were left in the dark, unclear whether the tarif would apply to specific countries or all foreign imports.
00:54Following that announcement, a coalition of American film unions and guilds sent a letter to the President.
01:00Their message? Support domestic film production through tax incentives, not tariffs.
01:06They urged Trump to include those incentives in a reconciliation package currently being drafted in Congress.
01:12As the industry waits for more details, many are bracing for what could be a blockbuster policy shift,
01:19one that might bring more productions back to the U.S. soil but at a cost to global collaboration.
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