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Mon, May

Trump Imposes 100% Tariff on Foreign-Made Films to Save Hollywood

Trump Imposes 100% Tariff on Foreign-Made Films to Save Hollywood

Hellenic Shipping News

In a dramatic escalation of his trade policy, U.S. President Donald

In a dramatic escalation of his trade policy, U.S. President Donald Trump announced Sunday a 100% tariff on all foreign-made films, claiming that aggressive international tax incentives have hollowed out America’s movie industry and posed a threat to national security.

In a post on his Truth Social platform, Trump said, “The American movie industry is dying a very fast death. This is a concerted effort by other Nations and, therefore, a National Security threat. It is, in addition to everything else, messaging and propaganda.”

Trump authorized the Department of Commerce and other agencies to begin the immediate implementation of the new tariff policy, stating, “WE WANT MOVIES MADE IN AMERICA, AGAIN!”

Unclear Implementation, Industry Reeling
Accrding to Reuters, Commerce Secretary Howard Lutnick responded on X with a brief statement: “We’re on it.” However, neither Lutnick nor Trump provided details about the logistics of the new tariff. It remains unclear whether the levy will apply to streaming content, theatrical releases, or direct-to-video films, or how the tariff would be calculated — by production costs, box office revenues, or some other metric.

Executives at major studios were scrambling to understand the scope of the policy Sunday night. The Motion Picture

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