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How Would Foreign-Movie Tariffs Even Work?
Trump’s plan to impose a 100 percent tariff on movies produced abroad is raising questions — and panic — in Hollywood.
Hollywood went into a collective panic Sunday evening when President Donald Trump posted on social media his plans to authorize the U.S. Trade Representative and the Commerce Department to begin implementing a 100 percent tariff on imports of movies produced in “Foreign Lands.” Arriving just days before what can often be a bustling acquisitions marketplace at the Cannes Film Festival, studio chieftains hastily organized war rooms to discuss implications surrounding the tariffs and ponder potential courses of action. In January, Trump appointed MAGA loyalists Sylvester Stallone, Jon Voight, and Mel Gibson as “special ambassadors” to Hollywood, asserting the actors would help claw back the entertainment industry’s production exodus.
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