President Donald Trump said Monday he will slap a 100% tax on movies made outside the United States — a vague directive aimed at protecting a business that America already dominates.
Claiming that movie production "has been stolen" from Hollywood and the U.S., Trump posted on his Truth Social platform that "I will be imposing a 100% tariff on any and all movies that are made outside of the United States."
It was unclear how these tariffs would operate, since movies and TV shows can be transmitted digitally without going through ports. Also unclear is what it would mean for U.S. movies filmed on foreign locations or what the legal basis would be for the tariffs.
The president, who issued the threat in May, didn't specify when the tariff would take effect.
Movies are an odd battleground