US President Donald Trump says he will hit movies made in foreign countries with 100% tariffs,as he ramps up trade disputes with nations around the world, the BBC reports.
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”.
“It is, in addition to everything else, messaging and propaganda!” Trump said on his Truth Social platform. “WE WANT MOVIES MADE IN AMERICA, AGAIN!”
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 & Wolverine, Wicked and Gladiator II.
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.
