Source: International Business Times
Tom Cruise is returning to Cannes this year with his last 'Mission: Impossible' film AFP Donald Trump's threat of tariffs on foreign-made films risks stoking tensions between the European and American film industries and dominating conversations at the Cannes film festival this week. The US president has added a trade war to the sector's list of concerns that already included competition from streaming platforms. The already tricky commercial outlook for big-screen owners and film producers darkened considerably last Sunday when Trump said he wanted 100-percent tariffs on movies "produced in foreign lands".
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