Iris Knobloch said the film industry has experienced a lot recently, and hopes it "won’t be paralysed by caution and uncertainty" amid possible tariffs.

The entertainment industry reacted with alarm and bafflement on Monday after President Donald Trump said he would impose a 100% tariff on all movies produced outside the U.S., but issued few details on just how such a levy would work.

The U.S. and international film sectors are reeling after Donald Trump ‘s announcement last night that he is “authorizing” the Department of Commerce and the United States Trade Representative to impose a 100% tariff on “any and all” movies produced in “foreign lands.”