Overview

• During a Seoul press conference, Tom Cruise declined to address questions about President Trump's proposed tariffs on films made outside the U.S., redirecting focus to the movie itself.
• The tariff proposal, announced by Trump on Truth Social, calls for a 100% levy on films produced abroad, citing foreign incentives as a 'national security threat.'
• The White House clarified that no final decisions have been made on implementing the tariffs, leaving the industry in a state of uncertainty.
• Mission: Impossible — The Final Reckoning, set for release on May 23, was filmed in multiple international locations, including the U.K., Norway, and South Africa.
• The Motion Picture Association has convened studio executives to strategize a response, but no official statement or talks with the administration have been announced.