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Hollywood is shaken by Trump's tariff plan for the movie industry | CNN Business

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Filmmakers and Hollywood financiers are baffled, to say the least, by President Trump's announcement that he wants a 100% tariff on movies produced outside the United States.
In an article published by CNN on May 5, 2025, it is reported that former President Donald Trump has proposed new tariffs on foreign films, aiming to protect the American film industry from what he describes as "unfair competition." The proposed tariffs would primarily affect movies produced in China and other countries that Trump claims benefit from state subsidies, allowing them to undercut American films in the global market. Hollywood executives and industry analysts have expressed mixed reactions, with some supporting the move as a means to level the playing field, while others worry about potential retaliatory measures from other countries and the impact on international collaborations. The proposal comes at a time when the film industry is still recovering from the effects of the global pandemic and navigating the shift towards streaming platforms.

Read the Full CNN Article at:
[ https://www.cnn.com/2025/05/05/media/movie-tariffs-trump-hollywood ]