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After US tariff shock, Cannes Film Market is cautiously business-as-usual

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By Miranda Murray

Buyers and sellers are heading into this year’s Cannes Film Market under a cloud of uncertainty as the initial shock of U.S. President Donald Trump’s proposed 100% tariff on foreign-made films has faded into a cautious business-as-usual approach.

While the Cannes Film Festival conjures visions of glamorous celebrities on the red carpet and yacht parties, the film market, the world’s largest, is the main attraction, bringing together industry players, big and small, to do business.

With over 15,000 participants from more than 140 countries, this year’s market is set to match last year’s record attendance, with the United States still the top participating country despite the recent shifts in international policy.

The market has become even more important as the indie film industry – still struggling in the wake of the pandemic and the 2023 Hollywood double strike – has to be more selective about where to put resources when pursuing deals, according to Scott Roxborough, European

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