So far only the dictatorial threat has been made. The Secretary of Commerce says he’s working on it, so presumably he’ll fabricate a justification for it soon.
1. Media spin or early reporting, it is nothing in stone yet. This should be the understanding for any "new policy" announced m-f for this admin.
2. Even if it is to be set in stone, likely will be rescinded.
3. It is vague on purpose ^
4. Assuming it becomes set in ston, it is a direct pander to Disney, Universal etc. from the current admin. Chinese film making (animation in particular) is now outperforming Disney in every metric in every market.
5. Disney et all. stand to lose either way. This is capitalism at work and american film studios will see costs skyrocket as local and foreign competitors silo resources.
Because I would love to read the National Security justification for imposing a tariff on foreign movies.
In fact I'm sure some US companies are gonna be hit by this such as Netflix ? Disney ?