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President Trump, in a post on Truth Social, has revealed he’s planning to impose a 100% tariff on foreign-made movies.
In his post on May 4, President Trump wrote, that he was “authorizing the Department of Commerce, and the United States Trade Representative, 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.”
However, the White House quickly cautioned in a press release on May 5 that no tariffs have yet been set in place.
The White House press release stated, “no final decisions on foreign film tariffs have been made.”
Donald Trump claims he is placing a 100% tariff on all films produced outside of America that are brought into the country.
“Any and all movies coming into our country that are produced in Foreign Lands. WE WANT MOVIES MADE IN AMERICA, AGAIN!” pic.twitter.com/EsQ9Pe5T2T
— DiscussingFilm (@DiscussingFilm) May 4, 2025
Reporter: What about the movie tariffs?
Trump: Other nations have been stealing the movies— the movie making capabilities from the US. I’ve done some very strong research over the past week and we’re making very few movies now.
pic.twitter.com/oKCf0wnV6c— Acyn (@Acyn) May 5, 2025
Check out what CNN reported:
Filmmakers and Hollywood financiers are baffled, to say the least, by President Trump’s announcement that he wants a 100% tariff on movies produced outside the United States.
Several movie studio and streaming industry executives who spoke with CNN are downright apoplectic because, they believe, the president hasn’t thought about the ramifications of his proposal, which could decimate an iconic industry.
“On first blush, it’s shocking and would represent a virtually complete halt of production,” one industry insider remarked. “But in reality, he has no jurisdiction to do this and it’s too complex to enforce.”
Other sources are taking a more open-minded view, asserting that Trump is instigating a dialogue about a real issue — so-called “runaway production” — that has left many Americans in the movie and TV production sector out of work.
But the prospect of film levies has injected even more uncertainty into an already-unsettled business. Shares of Netflix and other major entertainment companies fell Monday as investors digested Trump’s confusing comments. “In its current form, the tariff doesn’t make sense,” Jay Sures, vice chairman of United Talent Agency, told CNN.American actors and directors would generally prefer to work close to home. But “the fact is it’s cheaper for Hollywood studios to pay for everyone to get on planes, pay for hotels, because the cost of labor, lack of rebates, and the ability to make things overseas is infinitely cheaper,” Sures said.
President Donald Trump has announced his administration will impose a 100 PERCENT TARIFF on movies produced outside of the United States.
Trump wrote on Truth Social: “The Movie Industry in America is DYING a very fast death. Other Countries are offering all sorts of incentives… pic.twitter.com/RyemVNDIyr
— Kyle Becker (@kylenabecker) May 5, 2025
Per USA Today:
The White House appeared to walk back an announcement by President Donald Trump that he would slap 100% tariffs on foreign-produced films to boost Hollywood.
A White House statement on May 5 said that “no final decisions on foreign film tariffs have been made” after Trump’s declaration made waves in the entertainment industry.
Trump posted on social media May 4 that he was “authorizing the Department of Commerce, and the United States Trade Representative, 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.”
The president said he was concerned incentives luring filmmakers overseas are sending the American movie industry to “a very fast death.”
Although Trump said his team was moving forward on the tariffs, White House spokesman Kush Desai seemed to temper that in the May 5 statement that no final decision has been made, while also saying ” the administration is exploring all options to deliver on President Trump’s directive to safeguard our country’s national and economic security while Making Hollywood Great Again.”
This is a Guest Post from our friends over at WLTReport.