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RE: LeoThread 2025-12-08 11-09

in LeoFinance11 hours ago

Part 6/14:

However, critics point out that this approach is flawed. Unlike tangible goods like steel or pencils, entertainment is deeply cultural and culturally embedded—produced from a specific societal mindset, temperament, and cultural nuance. For example, a Korean show like The Devil’s Plan is distinct because of its cultural context, which simply cannot be replicated by Hollywood through tariffs.

Furthermore, strict tariffs might backfire by raising production costs, especially in expensive regions like California, where most Hollywood films are shot. Studios might instead gravitate towards states or countries with better incentives, such as Georgia or Hungary, rendering tariffs ineffective and possibly increasing costs rather than decreasing them.