U.S. President Donald Trump
In his message, Trump described this situation as a national security threat, claiming it’s not just about business, but also about messaging and propaganda.
“The Movie Industry in America is DYING a very fast death,” Trump said. “Other countries are offering all sorts of incentives to draw our filmmakers and studios away. Hollywood and other areas within the U.S.A. are being devastated.”
Trump believes this is a coordinated effort by other nations to weaken the U.S. film industry. In response, he announced that he’s authorizing the Department of Commerce and the U.S. Trade Representative to start the process of imposing a 100% tariff on all movies produced outside the United States.
“We want movies made in America again,” Trump declared.
This proposed move is aimed at protecting American jobs, preserving the country’s cultural influence, and keeping U.S. film production within its borders. Trump has made it clear he wants to rebuild the nation’s entertainment industry and stop relying on foreign-made films.
This latest move has left social media users confused. One user asked, “I thought tariffs only applied to physical goods shipped into the country. How would they even be applied/collected on movies?” If approved, this would mark one of the most aggressive actions taken by a U.S. leader against international film imports in modern history.
XRP has shot into the limelight with many analysts predicting it could hit $5.50 by…
With crypto markets on the rise, investors are looking for their next big move. Dogecoin…
With the digital asset space surging ahead and innovation moving at lightning speed, 2025 is…
According to Binance and CoinMarketCap, XRP price is around $0.53 today. XRP news points to…
As the crypto market prepares for another explosive cycle, investors are eyeing the top contenders…
As Ethereum continues its evolution through rollups and staking infrastructure, most 2025 price prediction models…