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RE: LeoThread 2025-05-05 12:02

in LeoFinance6 months ago

#askleo

Trump Threatens 100 Percent Tariff on Foreign-Made Films

President Donald Trump is opening a new salvo in his tariff war, targeting films made outside the U.S.

In a post Sunday night on his Truth Social platform, Trump said he has authorized the Department of Commerce and the Office of the U.S. Trade Representative to slap a 100% tariff “on any and all Movies coming into our Country that are produced in Foreign Lands.”

“The Movie Industry in America is DYING a very fast death," he wrote, complaining that other countries “are offering all sorts of incentives to draw" filmmakers and studios away from the U.S. "This is a concerted effort by other Nations and, therefore, a National Security threat. It is, in addition to everything else, messaging and propaganda!”