Trump Imposes 100% Tariff on Foreign Films to 'Save Hollywood'
Donald Trump announced a 100% tariff on movies produced outside the U.S., claiming foreign incentives are killing the American film industry
Trump authorized the Department of Commerce to impose the tariff, aiming to make the U.S. movie industry "bigger, better, and stronger"
Details on how the tariff will be implemented are unclear, with questions about whether it applies to streaming or theater films
Details on how the tariff will be implemented are unclear, with questions about whether it applies to streaming or theater films
Trump’s decision follows years of Hollywood film production moving abroad, with spending on projects exceeding \$40 million shifting to locations outside the U.S
In response, Australian and New Zealand leaders advocated for their local industries, with major films like Marvel productions being filmed there
Critics warn that retaliatory tariffs could harm the U.S. film industry, with one expert saying it would have "a lot more to lose than to gain"
Hollywood veterans like Jon Voight, Sylvester Stallone, and Mel Gibson were appointed to help revitalize the industry under Trump’s plan