U.S President Donald Trump has announced a 100 percent tariff on all movies “produced in Foreign Lands”, saying the US film industry was dying a “very fast death” due to the incentives that other countries were offering to draw American film-makers.
In his post on his Truth Social, he claims to have authorised the commerce department and the U.S trade representative to immediately begin instituting such a tariff.
Trump claims this is a concerted effort by other nations and, therefore, a national security threat.
He also claims it is, in addition to everything else, messaging and propaganda.
Trump stresses they want movies made in America again.
The commerce secretary, Howard Lutnick, posting on X said they are on it.
Neither Lutnick nor Trump provided any details on the implementation.
It was not immediately clear whether the move would target production companies, foreign or American, producing films outside the U.S.
Source: The Guardian
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