US President Donald Trump plans to impose 100% tariffs on foreign-made films, claiming the U.S. industry is “dying a very fast death.” He has ordered officials to begin the process.
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00:00U.S. President Donald Trump has announced plans to impose 100% tariffs on movies made in foreign countries,
00:07escalating his global trade disputes to the realm of entertainment as well.
00:12Trump says he's directing the Department of Commerce and the U.S. Trade Representative to begin the process,
00:18claiming the American film industry is dying a very fast death.
00:23He blamed foreign governments for offering incentives to lure filmmakers overseas,
00:28calling it a national security threat.
00:31However, key details remain unclear.
00:34Trump's statement did not specify whether the tariff would affect U.S. companies that film abroad.
00:39It's also uncertain if the tariffs would apply to streaming platforms like Netflix,
00:44as well as those shown at cinemas, or how they would be calculated.
00:48Several recent major U.S. studio productions, like Deadpool and Wolverine, Wicked and Gladiator 2,
00:54were filmed outside the U.S.
00:56Trump had, in January, called for overhaul of the Hollywood,
01:00appointing actors Sylvester Stallone, Mel Gibson and John Voight as special ambassadors
01:06to help revive the industry and bring film production back to the U.S.
01:10Mr. Smith aí to the U.S.
01:17Anyone?
01:20I got one.
01:20I got one.
01:22I got one.
01:24I got one.
01:27I got one.
01:28I got one.
01:29I'm called Jimmy McGann.
01:35I got one.
01:36What?