On May 4, US President Donald Trump announced via social media that a 100% tariff would be imposed on films produced overseas. The move has triggered widespread criticism from various sectors of American society and mainstream media.
According to CCTV News, several prominent outlets, including The New York Times, have warned that this policy, if implemented, would sharply increase film production costs and undermine the global competitiveness of major US film studios. The Wall Street Journal reported that the announcement has already caused the stock prices of major Hollywood studios—such as Netflix, Disney, Warner Bros., and Paramount—to drop by over 2%, sparking significant industry debate and skepticism.
Industry experts widely believe that while Trump claims the policy is meant to "protect American films," it could, in reality, weaken the foundational global collaboration that sustains the US film industry and jeopardize jobs. Multiple industry associations across the US have joined forces to submit a letter to Congress, urging a cautious evaluation of the policy's economic and legal implications.
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