President Trump's latest directive to impose a 100% tariff on foreign-made movies, citing national security and domestic production incentives, has sent shockwaves through Hollywood. The industry is apprehensive, as major companies like Disney and Paramount saw stock prices drop. Although Trump's declarations were made on social media, the feasibility and impact of such tariffs, particularly on movies distributed via streaming, raises logistical questions. The trade war threatens not only traditional films but also popular anime releases, sparking fears about the future of entertainment in the U.S.
President Trump is targeting foreign-made movies, threatening to impose a 100% tariff on them, viewing it as a national security issue and pushing for domestic productions.
The entertainment industry faces uncertainty due to potential tariffs affecting the import of films, resulting in declines in stock prices for major companies like Disney and Warner Bros.
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