Donald Trump threatens 100% tariff on foreign-made films

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New York – President Donald Trump opens a new Salvo in his tariff war

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Trump said in a post on his Truth Social Platform Sunday night that he has authorized the Department of Commerce and the Office of the U.S. Trade Representative to crack down on 100% tariffs on all movies in any film made on foreign land.

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“The film industry in the United States is dying,” he wrote. “Other countries are offering all kinds of motivations to attract film producers and studios away from the United States. “It is a unanimous effort by other countries, and therefore, it is a national security threat. It is everything else, among all other things, messaging and publicity!”

It is not clear how any such international production tariffs are implemented. It is common for large and small movies to include production in the United States and other countries. Big budget movies, such as upcoming Task: Impossible – The final estimateFor example, filming around the world.

Over the years, incentive programs have affected film shooting, increasingly rolling out film production in California and other countries and countries with favorable tax incentives, such as Canada and the United Kingdom.

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However, tariffs are designed to guide consumers into U.S. products. In cinemas, American-made films overwhelmingly occupy the domestic market.

China has stepped up domestic film production, and finally in animated blockbusters NE ZHA 2 This year, the box office revenue exceeded $2 billion. But even so, its sales came almost entirely from mainland China. In North America, I made only $20.9 million.

The Film Association did not immediately respond to the message Sunday night.

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MPA data shows that Hollywood exports dominate. According to MPA, U.S. films generated $22.6 billion in exports and $15.3 billion in trade surplus in 2023.

Trump made a good label of his “tariff” a few years ago and imposed new taxes on goods made in countries around the world. These include a 145% tariff on Chinese goods, and a 10% tax on benchmarks for goods in other countries, with a higher tax.

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Trump’s unilateral tariffs have had a huge impact on business flows, posing political risks and promoting the market in different directions. Tariffs on automobiles, steel and aluminum, including imports, including medicines, will be subject to new tariffs in the coming weeks.

Trump has long expressed concern about filmmaking.

Shortly before taking office, he announced that he had hired actors Mel Gibson, Jon Voight and Sylvester Stallone as “special ambassadors” for Hollywood to make it “big, better, better, stronger than ever!”

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In recent years, American film and television production has been hampered, suffering setbacks from the 1923 competitive rush, the Hollywood Guild strike, and the recent wildfires in the Los Angeles area. Overall U.S. production fell 26% last year compared with 2021, according to data tracking production ProdPro.

No top five locations were found in the United States, according to an annual survey of executives asking for preferred shooting locations Hollywood Reporter. Toronto, the United Kingdom, Vancouver, Central Europe and Australia ranked first, California ranked sixth, Georgia ranked seventh, New Jersey ranked eighth and New York.

This problem is particularly serious in California. In the Greater Los Angeles area, production fell 5.6% last year from 2023, second only to 2020 during the peak of the pandemic, according to Filmla. Last October, Gov. Gavin Newsom proposed expanding California’s movie and TV tax credit program to $750 million a year, up from $330 million.

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Other U.S. cities such as Atlanta, New York, Chicago and San Francisco have also used active tax benefits to attract film and television productions. These programs can take the form of cash grants, such as tax credits provided by Texas or Georgia and New Mexico.

“Other countries have been stealing American filmmaking capabilities,” Trump told reporters Sunday night at the White House after returning from a weekend in Florida. “If they are unwilling to make movies in the United States, we should impose tariffs on movies in the United States.”

– Associated Press writer Gary Field contributed to the Washington report.

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