💨 Abstract

As the Cannes Film Festival approaches, attention is shifting from the usual film buzz to potential trade tariffs. President Donald Trump has proposed imposing 100% tariffs on foreign-produced films, which some in the industry find alarming and complex. This move could disrupt global film production, as many projects are made outside the U.S. due to cost and incentives. The tariffs could significantly impact the Cannes Film Festival and may lead to higher prices for audiences.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖