3 months ago
28
US President Donald Trump says he will hit movies made in foreign countries with 1-hundred percent tariffs, as he ramps up trade disputes with nations around the world.
Trump said he was authorising the US Department of Commerce and Trade Representative to start the process to impose the levy because America’s movie industry was dying “a very fast death”.
He blamed a concerted effort by other countries that offer incentives to attract filmmakers and studios, which he described as a “National Security threat”.
One union warned that his remarks could spell a “knock-out blow” to the industry, where filmmakers have for years left Hollywood for destinations like the UK and Canada in search of lower costs.
Trump said on his Truth Social platform that it was in addition to everything else, messaging and propaganda.
But the details of the move are unclear.
Trump’s statement did not say whether the tariff would apply to American production companies producing films abroad.
Several recent major movies produced by US studios were shot outside America, including Deadpool and Wolverine, Wicked and Gladiator Two.
It was also unclear if the tariffs would apply to films on streaming services, like Netflix, as well as those shown at cinemas, or how they would be calculated.
English (US) ·