Trump promises 100 percent tariff on movies ‘produced in foreign lands’
President Donald Trump says his administration will institute high tariffs on movies that fit the nebulous category of "produced in foreign lands," a definition that could include anything from anime to the latest Marvel films. In a Sunday evening Truth Social post, Trump claimed that "Other Countries are offering all sorts of incentives to draw […]
President Donald Trump says his administration will institute high tariffs on movies that fit the nebulous category of "produced in foreign lands," a definition that could include anything from anime to the latest Marvel films.
In a Sunday evening Truth Social post, Trump claimed that "Other Countries are offering all sorts of incentives to draw our filmmakers and studios away from the United States," something that constituted "a concerted effort by other Nations and, therefore, a National Security threat." (Capitalization in original.) To change this, Trump declared that he was authorizing the Department of Commerce and the United States Trade Representative to begin adding a 100 percent tariff to "any and all Movies coming into our Country that are produced in Foreign Lands."
Like many of Trump's tariff proposals, the post creates a cloud of uncertainty over a huge swathe of American consumer goods. If the plan is carried out, the US could theoretically attempt to tax anyone who imports a foreign film into the US. It could similarly try to tax American films that are shot fully or partially in foreign locations, which would include countless Hollywood blockbusters; Marvel …
