US President Donald Trump's proposed 100% tariff on films produced outside the US has sparked alarm in the entertainment world. Experts say this bold move might do more harm than good.
William Reinsch, a former official at the US Commerce Department and a senior fellow at the Center for Strategic and International Studies, cautioned, "We have a lot more to lose than to gain." His warning resonates deeply with industry insiders who fear the future of film production in the US.
Industry reporter Scott Roxborough added that instead of inviting more productions to the US, the likely outcome is a dramatic cut in the number of films made altogether. This means fewer movies for audiences around the globe, impacting the vibrant world of entertainment and streaming that many young viewers relish.
For film buffs and tech-savvy viewers across South and Southeast Asia, where diverse cultural content and global trends mix on everyday screens, these developments could reshape what movies we see in the future. With streaming platforms booming, a dip in film production is a major bummer! 🎬🤔
Stay tuned as the drama unfolds in this fast-paced industry – your next favorite film might just be caught in the crossfire of trade policies!
Reference(s):
Experts say Trump's tariff plan could 'kill' US film industry
cgtn.com
