Friday, August 22, 2025

Trump Slaps 100% Tariff On Non-US Made Films To Save “Dying” Hollywood

President Donald Trump has ordered a 100% tariff on all movies produced outside the country, in a sweeping protectionist move to revitalize the “dying” Hollywood. The announcement framed foreign film production as both an economic threat and a matter of national security.

“The Movie Industry in America is DYING a very fast death,” Trump posted. “This is a concerted effort by other Nations… a National Security threat… messaging and propaganda!” he added.

Trump has directed the Department of Commerce and the Trade Representative to begin immediate implementation, though no concrete enforcement mechanisms or tariff scope—such as whether streaming platforms like Netflix or Amazon Prime will be affected—have been outlined.

Commerce Secretary Howard Lutnick responded tersely on X: “We’re on it.”

In January, Trump appointed Jon Voight, Sylvester Stallone, and Mel Gibson to spearhead efforts to revive domestic production, a move some critics dismissed as symbolic. However, Sunday’s action signals a more aggressive shift toward industrial policy in the entertainment sector, despite growing questions about feasibility and enforcement.

All major studios—including Walt Disney, Warner Bros. Discovery, and Paramount Global—have long relied on international production hubs like Canada and the UK to reduce costs and access location-specific tax credits. Ampere Analysis estimates $248 billion will be spent globally on content production in 2025, much of it outside US borders.


Information for this briefing was found via Reuters and the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

A Medical Breakthrough the Market Overlooked | David Elsley – Cardiol Therapeutics

Why Grade Beats Size in Silver Mining | Frank Basa – Nord Precious Metals

Are Investors Missing the Start of the Next Commodity Supercycle? | Morgan Lekstrom – NexMetals

Recommended

Emerita Resources Expands El Cura Drill Program By 10,000 Metres As Deposit Remains Open For Expansion

ESGold Signs MOU For Tailings Project In Colombia With Grades Up To 42 g/t Gold, 280 g/t Silver

Related News

Regulatory Changes Needed for Canadian Pipelines, Enbridge CEO Says

Enbridge Inc (TSX: ENB) Chief Executive Greg Ebel said on Tuesday that Canada should declare...

Thursday, March 6, 2025, 11:36:00 AM

US Launches 104% Tariffs As China Indicates It Will Raise Tariffs To 84%

The US has imposed a 104% tariff on Chinese imports, which could be the largest...

Wednesday, April 9, 2025, 09:33:00 AM

US-Japan Deal Reached With A Lower 15% Trump Tariff

Japan has a trade deal with US, at least according to President Donald Trump after...

Wednesday, July 23, 2025, 12:12:00 PM

Trump’s Tariffs Blocked By Court, Puts $10B Refunds on the Table

In a landmark decision, the US Court of International Trade struck down every tariff President...

Thursday, May 29, 2025, 11:19:00 AM

Jaguar Land Rover Halts US Shipments Following Trump’s 25% Auto Tariff

Jaguar Land Rover has suspended all vehicle shipments to the United States for the month...

Monday, April 7, 2025, 12:14:00 PM