U.S. President Donald Trump has announced plans to introduce 100 per cent tariffs on films produced abroad and imported into the U.S., as part of a broader protectionist push.
“The movie industry in America is dying a very fast death,” Trump stated on his Truth Social platform, claiming that foreign countries were offering various incentives to draw filmmakers and studios away from the United States.
“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,” he continued.
“I am authorising the Department of Commerce and the United States Trade Representative to begin the process of instituting a 100 per cent tariff on all movies coming into our country that are produced in foreign lands. We want movies made in America again.”
It remains unclear how such tariffs would be applied or how they would reduce costs for Hollywood studios.
Hollywood location shooting has shifted more and more overseas because of cheaper production costs and tax breaks provided by other countries. In an effort to entice more entertainment industry projects back to the Golden State, California Governor Gavin Newsom proposed a sizable investment in 2024 that would allow California to surpass other states that offer tax credits.
Trump has imposed high import tariffs with the stated goal of relocating production to the United States as part of his aggressive trade policy since taking office in January.
Trump’s tariffs are prompting people worldwide to reassess their relations with Washington.
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