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Trump's 100% tariff on foreign films could threaten R5 billion South African film industry
May 06, 2025
|Cape Times
SOUTH Africa's reputation as a world-class film destination could face serious repercussions if US President Donald Trump’ latest policy proposal becomes reality.
On Sunday evening, Trump declared that he would be directing the Department of Commerce and the US Trade Representative to impose a 100% tariff on all films produced outside of the United States. Between November 2023 and June 2024, foreign film production investments in South Africa totalled R2.52 billion, with projections exceeding R5 billion by October 2025.
From November 2023 to August 2024, international production crews booked over 59 000 hotel bed nights, injecting nearly R148 million into South Africa's hospitality industry, with an average spend of R2500 per night.
هذه القصة من طبعة May 06, 2025 من Cape Times.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Cape Times
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