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Trump’s Movie Tariff Plan Causes Tremors in Tinseltown

  • President Trump's proposal to impose 100% tariffs on movies produced overseas has stirred concerns in Hollywood, impacting share prices of companies like Disney and Netflix.
  • There is uncertainty on how the White House would implement the tariff policy, which could potentially harm the film industry and create challenges amidst competition from digital platforms.
  • Hollywood often films in countries like Canada for tax incentives and lower costs, with concerns raised about the impact of tariffs on the industry.
  • While Trump expressed his views on international filmmaking incentives on Truth Social, the White House later indicated that no final decision has been made, with discussions planned with studio executives.

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