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RunTheJulz · 46-50, F
Seriously?! Omfg 🤬
Well I’m shocked, but I guess I really shouldn’t be…
Yes, according to news reports, President Trump has announced plans to implement a 100% tariff on movies made outside the U.S. that are imported into the country. He has directed the Department of Commerce and the U.S. Trade Representative to begin the process of instituting this tariff.
However, the practical implementation of such a tariff is unclear, particularly because movies are not physical goods and the traditional application of tariffs is on goods that move through ports. It is also not certain what the threshold would be to classify a movie as an import, or against what it would be charged.
The announcement has sparked debate in political and economic circles, with some framing it as a national security measure to protect the U.S. film industry, while others question its feasibility and potential economic consequences
(-Google’s AI search feature) However, the practical implementation of such a tariff is unclear, particularly because movies are not physical goods and the traditional application of tariffs is on goods that move through ports. It is also not certain what the threshold would be to classify a movie as an import, or against what it would be charged.
The announcement has sparked debate in political and economic circles, with some framing it as a national security measure to protect the U.S. film industry, while others question its feasibility and potential economic consequences
Well I’m shocked, but I guess I really shouldn’t be…