Personal View site logo

Trump Proposes 100% Tariff on Films Produced Outside the U.S., Industry Wonders What That Actually Means

In a move that sent shockwaves through the film industry over the weekend, U.S. President Donald Trump announced plans to pursue a 100% tariff on all movies produced outside the United States. Declaring foreign production a “national security threat,” Trump claimed that other countries are luring American filmmakers abroad with aggressive tax incentives, thus undermining domestic production and American jobs. What do the “Trump movie tariffs” actually mean? We try to break it down. Trump made the announcement via a post, stating: “Hollywood, and many other areas within the U.S.A., are being devastated. This is a concerted effort by other Nations and, therefore, a National Security threat… WE WANT MOVIES MADE IN AMERICA, AGAIN!”. He has reportedly instructed the U.S. Trade Representative and Department of Commerce to begin implementing the measure. Industry impact and legal uncertainty about Trump movie tariffs The immediate reaction from the industry to the Trump movie tariffs suggestion has been one of confusion. The Motion Picture Association declined to comment, and insiders say studios and streamers are scrambling to understand the legal basis and potential scope of the proposed tariffs. California Governor Gavin Newsom swiftly responded, calling the announcement “another baseless and legally impossible stunt.” Newsom argued that Trump lacks the authority to unilaterally impose such tariffs and described the plan as “economic malpractice” that could further destabilize a struggling entertainment economy. Adding to the ambiguity is the lack of clarity about what constitutes a “foreign-produced” film. Would a movie partially shot abroad but edited in...

read more...

Published By: CineD - Today

Search News