shockedcanadian
Diamond Member
- Aug 6, 2012
- 43,961
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This will impact Canada by $10B+ per year apparently.
Trump is squeezing all the juice from the lemon.
Sept 29 (Reuters) - President Donald Trump said on Monday he would impose a 100% tariff on all films produced overseas that are then sent into the U.S., repeating a threat made in May that would upend Hollywood's global business model.
The step signals Trump's willingness to extend protectionist trade policies into cultural industries, raising uncertainty for studios that depend heavily on cross-border co-productions and international box-office revenue.
Trump is squeezing all the juice from the lemon.
Sept 29 (Reuters) - President Donald Trump said on Monday he would impose a 100% tariff on all films produced overseas that are then sent into the U.S., repeating a threat made in May that would upend Hollywood's global business model.
The step signals Trump's willingness to extend protectionist trade policies into cultural industries, raising uncertainty for studios that depend heavily on cross-border co-productions and international box-office revenue.
