U.S. President Donald Trump said on Monday he would impose a 100% tariff on all foreign-made movies, an unprecedented move that threatens to upend Hollywood's global business model.
The step signals Trump's willingness to extend protectionist trade policies into cultural industries, raising uncertainty for studios that depend heavily on international box-office revenue and cross-border co-productions.
Trump announced the measure in a post on his Truth Social platform, claiming U.S. movie-making is losing ground to international competition.
"Our movie making business has been stolen from the United States of America, by other Countries, just like stealing candy from a baby," he wrote.
However, it was not immediately clear what legal authority Trump would use to impose a 100% tariff on foreign-made films.
The president had first floated the idea of a movie tariff in May but offered very little details, leaving entertainment executives unsure whether it would apply to specific countries or all imports.
Posted by John3262005
13 Comments
Looking forward to the Trump administration genius ideas on how to tariff intellectual property.
cinéphiles en dissymétrie
Sure, man. Why not
Does this have any First Amendment implications?
lol how do you do this
Grandkids confusing you talking about Demon Hunting Infinity Castles?
Slap a 100% Tariff on that annoyance.
I pretty much think the only policy Trumps goo brain is capable of thinking about is tariffs and everything else is Stephen Miller and other interest groups just telling Donald what to do
Maybe Trump is angry over the significant amount of film/TV production that occurs in Canada? Iirc, are some distortions from provincial governments but his solution is non-sense.
He’s still mad that Parasite won the Oscar.
Trump:
https://preview.redd.it/dmwvxnpf64sf1.png?width=1096&format=png&auto=webp&s=6f559b27fec04c1d6766bba1183d6e9b7f3dfd10
I’m also once again asking myself how much more of this shit Congressional Republicans are willing to put up with.
What
What does that even mean? What is actually being taxed?
Kramer: “We just slap a tariff on it.”
Seinfeld: “What do you mean ‘just slap a tariff on it?’ How do you even do that?”
Kramer: “You know – you just, you tariff it.”