The great irony here is that Hollywood is dependent on low international production costs and has spent over a decade exporting talent and resources to take advantage of that. You tariff international production fine, those studios close and relocate. But the staff? Good luck.
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All the while, production will be on hold.
Why spend millions investing in a business based on economic sanctions which may have been reversed by the end of the day. Better to wait 4 years for the dust to settle.