The Hollywood Reporter – Trump’s 100 Percent Tariff on Movies: 8 Key Questions the Industry Is Now Pondering and Dreading
by Patrick Brzeski, Scott Roxborough
After Trump promised a 100 percent tariff on “any and all Movies coming into our Country that are produced in Foreign Lands,” industry figures are frantically trying to come to grips with how the proposal could possibly work.
Of course, it was too good to be true.
For the first 100 days of Donald Trump‘s second presidency, it looked like the entertainment industry might just escape the huge costs and relentless chaos unleashed by his radical attempts to remake global trade.
Entertainment products like movies were exempt from Trump’s original “Liberation Day” tariffs because they are classified as services, rather than physical goods. The industry also took some assurance from the fact that films and series, much like big tech, represent one of the United States’ strongest trade surpluses, because of how much more Hollywood blockbusters bring in from abroad compared to foreign content’s slim earnings within the United States. But in a Sunday night post to Truth Social, the president revealed — in screaming all-caps — that he’s targeting the film business next.