Trump imposes 100% tariffs on all movies made outside the United States
9 hours ago
- #Trump
- #Trade Policy
- #Film Industry
- Trump proposes a 100% tariff on foreign-made films to protect the US movie industry.
- The move raises uncertainty for studios reliant on international box-office revenue and co-productions.
- Legal and trade analysts question the basis for tariffs on films, which are considered intellectual property.
- Modern films involve production, financing, and post-production across multiple countries, complicating enforcement.
- Shares of Netflix dropped 1.5% following the announcement.
- Studio executives are unsure how the tariff would be applied—whether to specific countries or all imports.