NEWS: Indie Filmmaking Is About to Get More Expensive in the U.S.1 min read
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Visual storyteller, Craig Mieritz writes:
The trade war that has been simmering between the U.S. and China is about to expand significantly if the recently announced U.S. tariffs go into effect next month. Of interest to filmmakers are the new 25% tariffs announced by the U.S. government this week that apply to a broad range of imported products. These new tariffs are in addition to raising the rate for products currently under tariff from 10% to 25%. The new tariffs apply to a broad range of products imported from China, including photographic equipment and other electronics.
We have extracted some of what seem to be the most important products for filmmakers that would have the new 25% tariff. But note, we are not experts on tariffs or trade policy, and the list is not meant to be definitive. Also, trade policy is really complicated and currently in a state of flux, changing from week to week.
Photo Credit: No Film School
