Overview
- President Donald Trump has proposed a 100% tariff on films produced outside the United States, sparking widespread confusion in the global film industry.
- Industry leaders argue that films, classified as intellectual property rather than goods, may not legally qualify for tariffs under current trade laws.
- U.S. Commerce Secretary Howard Lutnick is reviewing potential reclassification of films to enable tariff enforcement, leaving the industry in uncertainty.
- German producer Oliver Berben warns that 30% of Constantin Film’s projects, including the upcoming 'Resident Evil' installment, would face significant cost increases.
- Hollywood studio executives are convening a crisis summit to assess the potential economic and logistical impacts of the proposed tariffs.