Why Are Movie Makers Worried About President Trump’s New Idea? 🎬
Hey there, movie fans! 🍿 Have you heard about the big news shaking up Hollywood? US President Donald Trump is thinking about adding a big tax called a tariff on all movies made outside the United States. Let’s break down what that means and why some people aren’t too happy about it.
What Is a Tariff? 🤔
A tariff is like a special tax that countries add to products made in other countries. In this case, President Trump wants to add a 100% tariff on movies made in “Foreign Lands.” So if a movie is made in another country, it would cost a lot more for people in the US to watch it.
Why Does This Matter? 🎥
Many of your favorite movies might be filmed in cool places all around the world. Think about superheroes flying over London or adventures happening in the jungles of South America! 🌍 If making movies in other countries becomes too expensive, filmmakers might have to change their stories or stop making some movies altogether.
What Do the Experts Say? 🧐
People who work in the movie industry are really worried. Carter Evans, a reporter from CBS News, says this could be a “five-alarm fire” for movie makers, especially for those who make films with smaller budgets. It might be harder to create new and exciting stories if they can’t afford to film in different places.
Ben Swinburne, a media expert, warns that this big tax could lead to “fewer films, more expensive films, and lower earnings.” That means less money to make the movies we love!
Could This Affect Movies Around the World? 🌐
Yes! 🌎 Other countries might add their own tariffs in response. That could mean fewer American movies showing in other countries, and less money coming in from international audiences. Since a lot of movie money comes from people watching around the world, this could be a big problem.
What Might Happen Next? 🚀
Nobody knows for sure yet. Many people hope that President Trump will change his mind after hearing the concerns. Nicholas Tabarrok, a movie producer, called the idea “erratic, ill-conceived, and poorly considered.” He thinks it’s a policy where “everyone loses, no one gains.”
Stay Tuned! 📺
We’ll have to wait and see what happens next. In the meantime, keep enjoying your favorite movies, and maybe even think about how they are made! Who knows, maybe one day you’ll be the one making movies and sharing amazing stories with the world! 🎬⭐
Reference(s):
'It makes no sense:' Industry experts blast Trump's film tariff plan
cgtn.com
