U.S. President Donald Trump has announced plans to impose a 100% tariff on movies produced outside the United States. This move aims to encourage domestic film production and protect the American movie industry. However, critics argue that such a tariff could strain international relations and may not yield the intended economic benefits. The announcement has already caused fluctuations in the stock market, with Dow futures slipping and Hollywood-related stocks dropping in premarket trading. Industry experts are divided on the potential impact of this policy on global cinema and trade relations.
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