Trump Wants Tariff That Will Make Movies American Again

President Donald Trump expressed his thoughts on the condition of Hollywood in a post on Truth Social, suggesting that imposing a 100 percent tariff on foreign-produced movies could benefit the struggling industry. Newsweek contacted the White House for comment outside of regular hours.

The U.S. economy faced a downturn after Trump announced reciprocal tariffs, causing stock market fluctuations and a decline in consumer confidence. Despite denying that the tariffs caused instability, Trump maintained a high tariff on Chinese products that could result in a trade embargo. He believes this measure will boost domestic production, while critics argue it will raise prices and discourage spending.

In his post, Trump instructed the Department of Commerce to implement a 100 percent tariff on all movies made in foreign countries, citing the decline of the American movie industry and the efforts of other nations to attract filmmakers away from the U.S. The issue of filming costs has been debated in Hollywood, with examples like Rob Lowe’s show being filmed in Ireland due to cost considerations.

Various states offer incentives to attract film productions, but the trend of filming overseas has gained momentum. The success of foreign films like “Parasite” and “Emilia Perez” has contributed to this shift. Responses to Trump’s tariff proposal have been mixed, with critics questioning its legality and necessity.

Updates have been made to this article to provide further information and comments on the issue.