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Fortune

Prarthana Prakash

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

United States Iris Knobloch Donald Trump Hollywood Europe Brian Cox United Kingdom BFI

US singer Ariana Grande (L) and Nigerian-British actor Cynthia Erivo (R) pose on a carpet (Credit: BEN STANSALL—AFP/Getty Images)

President Donald Trump made no secret about “tariff” being “the most beautiful word in the dictionary,” but no one ever saw it coming to the film industry.

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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