U.S. Film Industry Tariff Proposal

SOURCE www.breitbart.com
Michael O’Leary, CEO of Cinema United, supports President Trump’s tariff on foreign film imports to boost the U.S. film industry. He emphasizes the importance of local theaters and working together with the government.

Key Points

  • U.S. film industry facing challenges due to COVID lockdowns
  • Cinema chains experiencing significant financial losses
  • Hollywood productions moving out of California to other U.S. states and countries
  • Decrease in film industry presence in Los Angeles

Pros

  • Supports local theaters and Main Street industry
  • Aims to bolster the American filmed entertainment industry
  • Encourages collaboration with government to benefit local communities

Cons

  • Possible negative impact on international relations in the film industry
  • May lead to higher costs for consumers