When Donald Trump announced a plan to impose 100% tariff on any film “Foreign Land”, a global American film industry began to panic.
Shares of major production companies such as Netflix and Disney fell immediately due to increase in cost when the products can no longer benefit from cheap foreign places.
In recent decades, American films and TV series have benefited from encouragement by genering shooting in Europe, Canada or Australia, making Hollywood locations comparatively comparative.
At the same time, the film and material industry has become highly decentralized, capable of sharing resources and using funding in many countries with international co-construction.
Stars proposed tariff in ear
There is a lack of detail whether Tafs will perform only “movies” or TV series, Trump’s massive threat to heavy tax on foreign material within the US market was widely criticized during the ear film festival of the previous week.
American director Wes Anderson, to launch his new film “The Fonisian Scheme” in Cannes, was surprised how the tariffs could work when applied to intellectual property contrary to physical objects.
The filmmaker said in a press conference, “You can catch the film in customs? It does not ship that way.”
https://www.youtube.com/watch?v=7nz-d0ihrcq
Oscar -winning actor Robert de Nero, who accepted an honorary Palme D’ers, said about Trump’s film sanctions: “You can’t put a price on creativity, but obviously you can put a tariff on it.”
Meanwhile, Vivek Ranjan Agnihotri, for Indian actor, filmmaker and Bollywood star, said on social media that 100% tattif on foreign films may mean “India’s struggling film industry will collapse completely”.
Is Hollywood more than the decline?
Announcing the film Tiffs in a post by Truth Social, Donald Trump claimed that “the film industry in the US was dying very fast.”
On-location filming in Hollywood has fallen by nearly 34% in the last five years. Film laA film industry publication.
While many film workers have resulting free jobs, the recession is not only for encouragement to shoot at foreign places. The Kovid -19 epidemic, a global economic recession and a one -month strike by actors and writers in 2023 have inspired Hollywood to grind at a stop.
As the budget is harassed, films made without co-production films that take advantage of encouragement in the foreign sector, calling Stephen Luby, a lecturer in the film in the Victorian College of Arts in Australia.
“US products that have taken advantage of tax encouragement in places like Australia, to make their films offshore, throw because films are less expensive in this way,” he told DW. “Perhaps they cannot be made without chasing this path.”
While actor director Mel Gibson is helping Gibson Trump advise on tariff and “ways to make Hollywood great again,” his latest film, “The Regation of the Christ,” will be shot in Rome and Southern Italy.
Currently entertainment materials have a minor American trade deficit, which means more imported than exports – $ 27.7 billion (€ 24.35 billion) vs $ 24.3 billion in 2023.
But according to Jean Chalabi, a professor at Sociology at the University of London, this balance is powered by streamures such as Netflix, which does not export American-made materials such as “Stranger Things”, but distributes it internal through its own US-based platforms.
Meanwhile, hit series such as “adolescents” and “squad games” are counted from abroad, even though they are American assets that earn Netflix “hundreds of dollars” in membership fee, Chilala noted in an article in an article. Conversation.
Despite the trade deficit, he said, “The US -based entertainment industry has never been so effective globally.”
America remains the world’s largest film and TV exporter, even Hollywood faces more competition than content hubs such as South Korea.
“If implemented, Thesis Tafs definitely want far -reaching consequences for the film and TV industry,” the tricks concluded. “But they are unlikely to make anyone more prosperous.”
TATIF could mark a content trading
The local film industry’s sections support Trump’s intentions to bring back the products in the US, including the actor representing the Sangh, including the screen actors Guild – American Federation of Television and Radio artists.
Even then, the Motion Picture Association (MPA), an American film industry group, who represents the studio from Disney to Netflix, Paramount, Universal and Warner Bros. agrees that more materials should be created in the US and supports the principle of tariffs. The MPA wants to weaken local material quota and tax encouragement that attracts presentations in Ather countries.
In February, when Trump announced his widespread tariff, he sang protectionism in the European Union Film Bazaar, where American streamers are required to include at least 30% of European content in their programming within the member states of the European Union.
Under the direction of the European Union’s Visual -Shravya Media Services, the thesis may suggest that Netflix and Disney’s Likles be forced to find local presentations – which streaming giants have tried to avoid full action.
Other Hollywood people question Trump’s tariffs Logic and his commitment.
“Tariff talk, it’s not going to be correct? The man changed his at least 50 times,” American director Richard Linklator said at the inauguration of his film “Novel Wag”.
In the same press conference, led to discussion around Trump’s tattifies Zoe Dech, who shoots in Paris in Linklator’s film, To praise History and Culture of Hollywood: “It would be good to make more films in Los Angeles,” he said, almost indifferent. ,I just finished doing a film and it was magical. ,
Edited by: Elizabeth Granier
