Why is Trump putting a tariff on foreign movies?
Asked 2 hours ago
Answer
Trump says he is imposing a 100% tariff on foreign movies because he believes the U.S. moviemaking business has been 'stolen' by other countries. He claims this is harming the American film industry, especially in California. The administration has not clarified the legal basis or enforcement details for the tariff.
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Trump says U.S. to impose 100% tariff on movies produced overseas
Reuters ยท New
Reuters
New
- President Trump announced a plan to impose a 100% tariff on all overseas-produced films entering the U.S.
- The legal authority and implementation details of the tariff remain unclear, with no immediate response from the White House or major studios. 23s
- Hollywood has increasingly used overseas production hubs and co-productions, especially in Canada, the U.K., Australia, Asia, and Europe. 51s
- Industry executives are uncertain how a movie tariff could be enforced due to the multinational nature of film production. 1m 6s
- Experts note that movies are considered a service, not a good, making traditional tariffs difficult to apply. 1m 32s
