President Donald Trump announced that he is slapping a 100 percent tariff on all foreign films to save America’s movie industry.
Trump announced the tariff in a post to Truth Social on Sunday evening.
The president wrote, “The Movie Industry in America is DYING a very fast death. Other Countries are offering all sorts of incentives to draw our filmmakers and studios away from the United States.”
“Hollywood, and many other areas within the U.S.A., are being devastated,” the post continued. “This is a concerted effort by other Nations and, therefore, a National Security threat. It is, in addition to everything else, messaging and propaganda!”
Trump wrote that he is authorizing the Department of Commerce to begin the process of implementing tariffs “immediately.”
“Therefore, I am authorizing the Department of Commerce, and the United States Trade Representative, to immediately begin the process of instituting a 100% Tariff on any and all Movies coming into our Country that are produced in Foreign Lands,” Trump continued.
The post concluded, “WE WANT MOVIES MADE IN AMERICA, AGAIN!”
Commerce Secretary Howard Lutnick responded to the post on X, writing, “We’re on it.”
Reuters reports, “It was unclear if the tariffs would apply to movies on streaming services as well as those shown in theaters, or if they would be calculated based on production costs or box office revenue. Hollywood executives were trying to sort out details on Sunday night. The Motion Picture Association, which represents the major studios, had no immediate comment.”
Netflix, Disney, and Universal are among the major studios that often film outside the US.
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