Trump’s Proposed Movie Tariff: A Hollywood Catastrophe?
Donald Trump announced a 100% tariff on all foreign-produced movies, citing a decline in the US film industry and framing it as a national security threat due to foreign incentives and alleged propaganda. Commerce Secretary Howard Lutnick confirmed the administration’s intent to implement this tariff, though details remain unclear. This action follows previous trade disputes and could result in devastating retaliatory measures from other countries, potentially harming the US film industry more than it helps. Experts warn that the economic ramifications could outweigh any purported benefits.
John Q. Hosedrinker