President Trump Imposes HUGE Tariff Impacting Movie Industry

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Big news regarding Hollywood.

In order to keep the movie industry thriving in the states, President Trump is imposing a tariff on any movie made outside of this country.

And it’s 100%!

Now that is one industry that needs to be cleaned up. A complete overhaul, really.

But a tariff is a good start.

Reuters reports:

“Our movie making business has been stolen from the United States of America, by other Countries, just like stealing candy from a baby,” Trump said in a post on his Truth Social.
However, it was not immediately clear what legal authority Trump would use to impose a 100% tariff on foreign-made films.
The White House did not immediately respond to a Reuters request for comment on how the tariffs would be implemented.
Top U.S. studios Warner Bros Discovery (WBD.O), opens new tab, Paramount Skydance (PSKY.O), opens new tab and Netflix (NFLX.O), opens new tab also did not immediately respond to requests for comment. Comcast (CMCSA.O), opens new tab declined to comment.
“There is too much uncertainty, and this latest move raises more questions than answers,” said PP Foresight analyst Paolo Pescatore.

“For now, as things stand, costs are likely to increase, and this will inevitably be passed on to consumers,” he said.
The president had first floated the idea of a movie tariff in May but offered few details, leaving entertainment executives unsure whether it would apply to specific countries or all imports.

After the announcement in May, a coalition of American film unions and guilds sent a letter to Trump, urging him to support tax incentives for domestic film production in a reconciliation package being drafted in Congress, aiming to help return more movie and television projects to the U.S.
The U.S. film industry recorded a $15.3 billion trade surplus in 2023, backed by $22.6 billion in exports to international markets, according to the Motion Picture Association.

So all those “American countryside” scenes we see in movies, that are actually filmed in Canada, will now face the tariff if they don’t film in the states.

I wonder if China will say something again like last time:

And we can’t bring up the topic of Canada, China and tariffs without mentioning this hilarious viral video of the Chinese mayor of Toronto, Canada talking about tariffs. (Created by comedian Ben Bankas).



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