Donald Trump has announced that he will be authorising 100 per cent tariffs on films made outside of the United States.
Back in February, President Trump signed an executive order to impose tariffs on imports from a number of countries but due to backlash, he delayed the majority of them.
Late last night (May 4), the President took to the Truth Social platform to share an update on the tariffs’ impact on the film industry. He wrote: “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.”
Källa: Donald Trump imposes 100 per cent tariffs on films made outside of the US