By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
IndebtaIndebta
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
IndebtaIndebta
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
Indebta > News > Donald Trump says he will impose 100% tariff on movies made abroad
News

Donald Trump says he will impose 100% tariff on movies made abroad

News Room
Last updated: 2025/05/04 at 11:08 PM
By News Room
Share
4 Min Read
SHARE

Unlock the White House Watch newsletter for free

Your guide to what Trump’s second term means for Washington, business and the world

Donald Trump has said he will slap a 100 per cent tariff on all films produced abroad, expanding his trade war to the cinema industry in order to thwart what he described as the “very fast death” of Hollywood.

The US president made the announcement on his Truth Social platform on Sunday night as he returned to Washington from a weekend at his Mar-a-Lago resort in Florida, though he did not offer further details.

“The Movie Industry in America is DYING a very fast death. Other Countries are offering all sorts of incentives to draw our filmmakers and studios away from the United States. Hollywood, and many other areas within the U.S.A., are being devastated,” he wrote.

Los Angeles has watched other US states, as well as countries such as Canada and the UK, peel away movie production from California in recent years.

Gavin Newsom, the Democratic governor of California, has proposed a tax incentive scheme to support film production in the state, but Trump is looking at tariffs instead to stymie international competition.

Trump added that he would be authorising the commerce department and US trade representative to “to immediately begin the process of instituting a 100% Tariff on any and all Movies coming into our Country that are produced in Foreign Lands”.

He concluded: “WE WANT MOVIES MADE IN AMERICA, AGAIN!”

While Trump has paused sweeping tariffs that he had proposed last month on a wide range of imports until July — giving his officials time to try to negotiate trade deals with countries around the world — he has maintained levies affecting specific industries such as cars and pharmaceuticals. It was unclear how levies would be applied to films.

The Motion Picture Association declined to comment. 

Trump’s plan to apply tariffs to foreign films came amid a burst of social media posts in which the US president also called for a reopening of the notorious Alcatraz prison, which has been closed for more than 60 years.

The US president said Alcatraz, which is on an island off the coast of San Francisco, needed to be “substantially enlarged and rebuilt” to house “America’s most ruthless and violent Offenders”.

“The reopening of ALCATRAZ will serve as a symbol of Law, Order, and JUSTICE,” Trump wrote on Truth Social.

The statement drew a fast rebuke from Nancy Pelosi, the former speaker of the House and Democratic representative from California.

In a post on X, Pelosi said that the president’s proposal was “not a serious one”.

“Alcatraz closed as a federal penitentiary more than sixty years ago. It is now a very popular national park and major tourist attraction,” she added.

Read the full article here

News Room May 4, 2025 May 4, 2025
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
Can Bare Knuckle Boxing Challenge Traditional Boxing?

Watch full video on YouTube

How tariffs are pushing America’s furniture industry to the brink

Watch full video on YouTube

Convatec Group PLC (CNVVY) Analyst/Investor Day Transcript

FollowPlay Earnings CallPlay Earnings Call Convatec Group PLC (CNVVY) Analyst/Investor Day April…

LIVE: Trump holds a news conference

Watch full video on YouTube

Why New Balance sales are soaring while Nike falls

Watch full video on YouTube

- Advertisement -
Ad imageAd image

You Might Also Like

News

Convatec Group PLC (CNVVY) Analyst/Investor Day Transcript

By News Room
News

Exail Technologies (EXALF): The Growth Story For This Defense Tech Winner Is Far From Over

By News Room
News

Tsakos Energy Navigation: Performing Well In Strong Markets (NYSE:TEN)

By News Room
News

Bread Financial Holdings: Focusing On Longer Growth Runways And Better Economics (NYSE:BFH)

By News Room
News

Generation Investment Management Senior Partner Letter

By News Room
News

Top 25 High-Yield Dividend Stocks For April 2026

By News Room
News

Q2 Update: Iran War, Depleting Munitions, And Market Outlook

By News Room
News

Energy Fuels: From Hold To Buy As The Story Changes (NYSE:UUUU)

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?