WASHINGTON – President Donald Trump announced Monday a planned 100% tariff on all foreign-made films, a move poised to dramatically reshape the global film industry and perhaps disrupt Hollywood’s established business model. The proclamation, made via a post on his Truth Social platform, signals a broadening of the governance’s protectionist trade policies into the realm of cultural exports.
Trump asserted that the U.S. moviemaking industry has been disadvantaged by international competition, stating, “Our movie making business has been stolen from the United states of America, by othre countries, just like stealing candy from a baby.” The proposed tariff raises questions about the legal basis for such a measure and its potential impact on studios reliant on international revenue and co-productions.
The White House has not yet responded to requests for comment regarding the implementation of the tariff. Representatives from warner Bros Revelation, Comcast, Paramount Skydance, and netflix have also not issued statements in response to the announcement. Trump initially suggested the possibility of a movie tariff in May, but provided limited details at the time.