US President Donald Trump announced plans to impose a 100% tariff on "any and all" movies made outside the United States. This decision is part of an effort to reclaim Hollywood, which Trump claims has been "stolen" by foreign countries.
In his statement, Trump emphasized the need to protect American film production and promote domestic creativity. The proposed tariff is aimed at discouraging the importation of foreign films and encouraging the production of movies within the U.S.
This announcement follows a series of recent developments in U.S. trade policy and reflects ongoing discussions about the impact of globalization on American industries. For more information on this topic, see our related coverage.
The implications of this tariff on the film industry and international trade relations remain to be seen.