PULSE POINTS:
❓What Happened: The U.S. movie industry is facing rapid decline as other countries attract filmmakers with incentives.
👥 Who’s Involved: The U.S. Department of Commerce, the U.S. Trade Representative, and foreign nations offering incentives.
📍 Where & When: Hollywood and other U.S. film locations; current developments.
💬 Key Quote: “WE WANT MOVIES MADE IN AMERICA, AGAIN!”
⚠️ Impact: Potential 100% tariff on foreign-produced films entering the U.S. as a response to protect domestic film production.
IN FULL:
The American film industry is experiencing a swift downturn as international competitors entice filmmakers and studios with lucrative incentives, drawing them away from the United States, President Trump has asserted in a new Truth Social post.
“The Movie Industry in America is DYING a very fast death. Other Countries are offering all sorts of incentives to draw our filmmakers and studios away from the United States. Hollywood, and many other areas within the U.S.A., are being devastated. This is a concerted effort by other Nations and, therefore, a National Security threat. It is, in addition to everything else, messaging and propaganda! Therefore, I am 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. WE WANT MOVIES MADE IN AMERICA, AGAIN!”
The trend of movie making abroad has left Hollywood and other key film-producing areas in the U.S. grappling with significant challenges. The situation is seen by Trump as a strategic move by foreign nations, which poses a national security concern due to its implications for messaging and propaganda.
The Department of Commerce, alongside the United States Trade Representative, has now been tasked with initiating a process to impose a 100% tariff on all films produced outside the country that are imported into the U.S. This move aims to counteract the foreign allure and reinvigorate domestic film production.
Trump’s call to action is clear: “WE WANT MOVIES MADE IN AMERICA, AGAIN!” This sentiment underscores the urgency of protecting and revitalizing the American film industry, ensuring that it remains a competitive and influential force globally.