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Trump Orders 100% Tariff on Movies Produced Outside US
The Straits Times
|May 06, 2025
He says US movie industry 'dying' due to incentives other countries offer filmmakers
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WASHINGTON - US President Donald Trump on May 4 announced a 100 per cent tariff on movies produced outside the country, saying the US movie industry was dying a "very fast death" due to the incentives that other countries were offering to draw filmmakers.
"This is a concerted effort by other nations and, therefore, a national security threat. It is, in addition to everything else, messaging and propaganda," Mr Trump said in a post on Truth Social.
He said he was authorizing the relevant US government agencies, such as the Department of Commerce, to immediately begin the process of imposing a 100 per cent tariff on all films produced abroad that are then sent into the US.
He added: "We want movies made in America, again!"
Commerce Secretary Howard Lutnick, posting on social media platform X, said: "We're on it."
Neither Mr Lutnick nor Mr Trump provided any details on how the tariff would be implemented.
It was unclear if the tariff would apply to movies on streaming services as well as those shown in theaters, or if it would be calculated based on production costs or box office revenue.
यह कहानी The Straits Times के May 06, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
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