Quick Highlights:
- Trump announces 100% tariff on all foreign-produced films via Truth Social.
- Says Hollywood’s decline is driven by foreign “propaganda” and incentives abroad.
- Move sparks fears of deeper trade war, especially with China.
- US GDP shrinks by 0.3% in Q1 2025; container bookings from China drop 60%.
- Global leaders criticize policy chaos and lack of clear trade direction.
Washington D.C.: In a controversial move, US President Donald Trump has announced a 100% tariff on all movies produced outside the United States, calling Hollywood’s decline a “national security threat.” He accused foreign nations of undermining American cinema by luring filmmakers with incentives and spreading propaganda through global media.
The announcement, made on Truth Social, claimed the movie industry is “dying a fast death,” and declared that protecting US-based film production is now a matter of national interest. Trump’s move has drawn widespread backlash from trade experts and international partners, adding fuel to an ongoing trade war that has already disrupted global supply chains.
China, a key player in film financing and co-productions, has already retaliated to earlier tariffs with a 125% levy on US goods. Economic fallout is mounting—US GDP shrank by 0.3% in Q1 2025, imports and spending are down, and shipping data shows a 60% drop in container bookings from China.
Critics warn that such abrupt policy shifts could worsen an already unstable global economic environment. Industry stakeholders and international allies continue to express confusion over the administration’s trade strategy, raising concerns about long-term diplomatic and economic impacts.
<p>The post Trump Slaps 100% Tariff on Foreign Films, Calls Hollywood Crisis a ‘National Security Threat’ first appeared on toplivenews.com.</p>
<p>The post Trump Slaps 100% Tariff on Foreign Films, Calls Hollywood Crisis a ‘National Security Threat’ first appeared on toplivenews.com.</p>
