U.S. President Donald Trump's proposed tariffs on movies could upset Hollywood's increasingly global business model as co-productions with foreign studios become more common.
U.S. President Donald Trump said on Monday he would impose a 100-per-cent tariff on all foreign-made movies, an unprecedented move that threatens to upend Hollywood’s global business model.
The step signals Trump’s willingness to extend protectionist trade policies into cultural industries, raising uncertainty for studios that depend heavily on international box-office revenue and cross-border co-productions.
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Trump announced the measure in a post on his Truth Social platform, claiming U.S. movie-making is losing ground to internati