Donald Trump says he will impose a 100% tariff on films made abroad
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Donald Trump said he would hit 100% tariffs on all films made abroad and expand his trade war to the film industry to stop what he calls Hollywood's “very fast death.”
The U.S. president made the announcement Sunday night on his truth social platform back to Washington at the Mar-A-Lago resort in Florida, although he did not provide more details.
“The American film industry is dying rapidly. Other countries are offering various incentives to keep our film producers and studios away from the United States. Many other areas in Hollywood and many other areas within the United States are being tragic.”
Los Angeles has watched film productions in other U.S. states, as well as in countries such as Canada and the United Kingdom in recent years.
California Democratic Gov. Gavin Newsom has proposed a tax incentive program to support film production in the state, but Trump is considering tariffs, but tariffs on international competition.
Trump added that he would authorize the Commerce Department and the U.S. Trade Representative to “immediately start increasing tariffs on all films made abroad” on all films.
He concluded: “We hope to make American movies again!”
Although Trump stopped approval of the widespread import levy proposed last month, until July when his officials had time to try to trade with countries around the world, he has maintained taxes that affect specific industries such as automobiles and medicines. It is not clear how to apply taxes to movies.
The Film Association declined to comment.
Trump has proposed tariff plans for foreign films in a series of social media posts, and the U.S. president also calls for the reopening of the infamous demon prison, which has been closed for more than 60 years.
The U.S. president said that the Alcatraz island on an island off the coast of San Francisco needs to be “greatly expanded and rebuilt” to accommodate “the most cruel, cruel, and violent criminals in America.”
“The reopening of Alcatraz will become a symbol of law, order and justice,” Trump wrote in The Society of Truth.
The statement sparked a swift condemnation from Nancy Pelosi, a former House spokesman and a democratic representative for California.
Pelosi said in an article on X that the president's proposal was “not a serious proposal.”
She added: “Over sixty years ago, Alcatraz was the closure of the federal prison. Now, it is a very popular national park and a major tourist destination.”