Donald Trump recently expressed concerns about the American movie industry, suggesting it is dying partly due to foreign countries offering tax incentives that lure filmmakers away from the U.S. He proposed imposing 100% tariffs on foreign movies, labeling them a national security threat. This move, backed by actor Jon Voight, could significantly increase movie production costs in the U.S. as Hollywood studios face challenges from glamorous foreign locations that attract big-budget films, raising concerns about the future of domestic cinema.
Trump's fascination with Hollywood has been long-documented, but Politico reports that an anonymous White House source credited the new tariff concept to none other than Jon Voight.
Trump announced his intent to put 100 percent tariffs on 'any and all Movies coming into our Country that are produced in Foreign Lands,' considering this a threat to national security.
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