Trump Announces 100% Tariff On Foreign-made Films

Transcript

00:00President Trump announced a 100% tariff on all foreign-made films entering the U.S.,

00:05citing national security concerns and tax incentives in the film industry.

00:09The move has caused significant concern among global production hubs,

00:13which rely heavily on U.S. markets and have attracted major Hollywood productions through favorable incentives.

00:19The lack of clarity regarding the policy, whether it applies solely to theatrical releases or extends to streaming content,

00:26has led to confusion by many.

00:28The U.S. film industry remains globally dominant with a $15 billion trade surplus in 2023,

00:35though the long-term effects of this tariff on international collaborations remain uncertain.