Light up the screen, but not for long? Recent expert insights reveal that US President Donald Trump's proposed 100% tariff on films produced outside the US might do more harm than good for Hollywood 🎬. Industry voices caution that instead of boosting domestic production, the policy may trigger a steep decline in the number of films made.
William Reinsch, a former official at the US Commerce Department and now a senior fellow at the Center for Strategic and International Studies, warned that the tariff plan could "kill" the American movie industry. According to Reinsch, "we have a lot more to lose than to gain," signaling that the risks far outweigh any potential benefits.
Scott Roxborough, Europe bureau chief of The Hollywood Reporter, added that the likely outcome wouldn’t simply be a shift of film production into the US, but rather a reduction in overall film productions. This could mean fewer stories, fewer blockbusters, and ultimately a quieter creative arena for the nation’s movie buffs 🎥.
As debates over trade policies continue and global film production stands at a crossroads, industry insiders and enthusiasts alike are watching closely. The coming months will reveal whether this tariff proposal reshapes Hollywood for better or if it dims the vibrant lights of American cinema.
Reference(s):
Experts say Trump's tariff plan could 'kill' US film industry
cgtn.com
