In a recent post on Truth Social, President Donald Trump declared a 100% tariff on all movies produced outside the U.S. He described this move as a response to foreign countries' efforts to lure American filmmakers with incentives that, according to him, threaten national security. Trump's comments underscored his belief that the U.S. film industry is facing severe challenges and outlined his directive to the Department of Commerce and the U.S. Trade Representative to quickly implement the tariff.
President Trump announced a sweeping 100% tariff on all movies produced overseas, labeling international film incentives as a national security threat.
He expressed concern that the U.S. film industry is suffering due to foreign nations' concerted efforts to attract American filmmakers.
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