US President Donald Trump. , Photo Credit: Reuters
US President Donald Trump on Sunday (May 4, 2025) announced a 100% tariff on films produced outside the United States, stating that the American film industry was “very strong death” due to incentive that other countries were offering to attract American filmmakers.
“This is a concrete effort by other countries and, therefore, there is a national security threat. Apart from all, the messages and publicity are,” Mr. Trump said in a post on the truth social.
Mr. Trump said that he was authorizing relevant US government agencies such as the Department of Commerce, so that the process of imposing 100% tariffs on all films produced abroad could be started which are then sent to the United States.
Mr. Trump said: “We want films to be made in America, again!”
On X, Commerce Secretary Howard Lutnik said: “We are on it.”
Neither Shri Lutnik nor Mr. Trump provided any details on the implementation. It was not immediately clear that the step would target production companies, foreign or American, producing films abroad.
Film and television production in Los Angeles has fallen by about 40% in the last decade, which is a non-profit, which tracks the production of the region.
Meanwhile, governments around the world have offered more generous tax credit and cash discounts to woo the products, and have occupied more parts of $ 248 billion that ampere analysis will be predicted in 2025 to produce materials that the material will be predicted.
The post by Mr. Trump comes after starting a business war with China, and has imposed global tariffs that have cried to markets and caused the possibility of an American recession.
Former Senior Commerce Officer William Rinsch, a senior partner from the Center for Strategic and International Studies, said that vengeance against Mr. Trump’s foreign films would be disastrous.
He said, “Valveod will kill our industry. We have much more than acquiring,” he said that it would be difficult for films to make national security or national emergency matter.
Published – May 05, 2025 07:06 AM IST
