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For example, recent “Star Wars” productions have been filmed extensively in the UK before moving to Italy, while Marvel movies now rely heavily on UK-based studios, pumping billions into foreign economies and benefiting from lucrative tax incentives. If tariffs are enacted, these companies could face a financial nightmare, losing the tax benefits they anticipated and potentially incurring higher costs for overseas production.
Economic and Social Consequences
While studios might save money by filming domestically if tariffs are enacted, there are significant downsides, especially for the average American film worker. These include: