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US President Donald Trump says he plans to hit movies made in foreign countries with a 100% tariff.
Trump said he was authorising the US 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!”
Since returning to the White House in January, Trump has imposed tariffs on countries around the world.
He argues that tariffs will boost US manufacturers and protect jobs – but the global economy has been thrown into chaos as a result, and prices on goods around the world are expected to rise.
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