US President Donald Trump on Sunday announced a 100% tariff on films produced outside the United States. Trump announced a 100% tariff on films produced outside the United States.
Trump says that the American film industry or Hollywood is vanishing very fast due to the incentives that other countries are giving to lure American filmmakers. In view of this, this decision is being taken.
Trump said in a post on Truth Social, ‘This is a concerted effort by other countries and therefore it is a threat to national security. Hollywood and many other areas of America are being destroyed.’ It is a message and propaganda among other things.’ Trump said he was authorizing the relevant American film industry’.