U.S. President Donald Trump announced on Sunday (May 4) a 100% tariff on all movies produced outside the United States.
He said he was authorising the U.S. Trade Representative to process the institution of the tariff because the United States' movie industry is dying "a very fast death" due to other countries offering incentives to attract filmmaker's and studios.
"The Movie Industry in America is DYING a very fast death. Other Countries are offering all sorts of incentives to draw our 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. It is, in addition to everything else, messaging and propaganda! Therefore, I am authorizing the Department of Commerce, and the United States Trade Representative, to immediately begin the process of instituting a 100% Tariff on any and all Movies coming into our Country that are produced in Foreign Lands. WE WANT MOVIES MADE IN AMERICA, AGAIN!" Trump stated.
