"Other Countries are offering all sorts of incentives to draw our filmmakers and studios away from the United States," Trump wrote on social media on Sunday.
Trump claimed the movie industry in the U.S. was “dying” as Hollywood studios, drawn by incentives from foreign countries, were producing their films outside the U.S.
NEW YORK (AP) — President Donald Trump is opening a new salvo in his tariff war, targeting films made outside the U.S. In a post Sunday night on his Truth Social platform, Trump said he has authorized the Department of Commerce and the Office of the U.S.
President Trump called for a 100 percent tariff on foreign films, saying the "concerted effort" to lure filmmakers abroad is a national security threat. It's unclear how such a tariff would work.
President Donald Trump announced plans Sunday to implement a 100% tariff on movies made in other countries that are imported to the United States, decrying other nations for offering financial incentives meant to “draw our filmmakers and studios away from the United States.”
On Sunday, President Donald Trump criticized the current condition of the film industry in a social media post and revealed his intention to introduce a tariff related to Hollywood.
Trump said he was authorizing the relevant U.S. government agencies to immediately begin the process of imposing a 100% tariff on all films produced abroad that are then sent into the United States.
President Donald Trump responded to the continuing flight of movie production to other countries by floating a 100 percent tariff on films made outside the U.S. Many in Hollywood and elsewhere are not responding with gratitude but are, instead, lashing out at Trump's proposal.
President Trump has announced that he is ordering the implementation of a 100% tariff on all films produced outside the United States, citing concerns about the decline of the American film industry and its potential impact on national security.
President Trump is threatening to rewrite the script on how Hollywood does business, with his talk of a tariff on foreign films alarming entertainment industry veterans and sending them scrambling to figure out both the impact and likelihood of a blockbuster-sized shake-up.
Filmmakers and Hollywood financiers are baffled, to say the least, by President Trump’s announcement that he wants a 100% tariff on movies produced outside the United States.
US President Donald Trump said Sunday he was ordering new tariffs on all films made outside the United States, claiming Hollywood was being "devastated"
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Trump’s foreign film tariffs could stick us with nothing but Disney movies | Since Then