‘Hollywood is back’, Cannes boss declares—but Trump’s movie tariffs could devastate Europe’s film industry

Quick Summary:

Iris Knobloch said the film industry has experienced a lot recently, and hopes it "won’t be paralysed by caution and uncertainty" amid possible tariffs.

If this were to kick in, it would devastate entire industries in the U.K.and Central Europe, especially as more Hollywood movies and shows, including Wicked and Game of Thrones spinoff House of the Dragon, are increasingly being shot or produced abroad.

But that’s what seems to be in the works, according to Trump’s Truth Social post earlier this week, and it could have serious consequences for the film industry in Europe.

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Article Details

Author / Journalist: Prarthana Prakash

Category: EconomyBusiness

Markets: United States

Topics: Disney Editor's Picks Tariffs Donald Trump Tariffs and trade Europe Hollywood Movies

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-09 @ 12:21:38 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 849 words

Reading Time: 5 minutes read

Sentences: 4 lines

Sentence Length: 213 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28514454

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