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Donald Trump announces tariff on movies from 'other nations'
On Sunday Donald Trump announced on his Truth Social platform a 100% tariff on all movies 'produced in Foreign Lands'. The US president repeated his announcement in an interview outside of the White House on Sunday evening. He said: 'The movie tariffs, what they've done is the other nations have been stealing the movies, the movie-making capabilities from the United States.' His comments are in response to the 40% decline in film and television production in Los Angeles over the last decade, according to FilmLA, a non-profit that tracks the region’s production. At the same time, governments around the world have offered more generous tax credits and cash rebates to lure productions, and capture a greater share of the $248bn that Ampere Analysis predicts will be spent globally in 2025 to produce content Trump announces 100% tariffs on movies ‘produced in foreign lands’
via YouTube
On Sunday Donald Trump announced on his Truth Social platform a 100% tariff on all movies 'produced in Foreign Lands'. The US president repeated his announcement in an interview outside of the White House on Sunday evening. He said: 'The movie tariffs, what they've done is the other nations have been stealing the movies, the movie-making capabilities from the United States.' His comments are in response to the 40% decline in film and television production in Los Angeles over the last decade, according to FilmLA, a non-profit that tracks the region’s production. At the same time, governments around the world have offered more generous tax credits and cash rebates to lure productions, and capture a greater share of the $248bn that Ampere Analysis predicts will be spent globally in 2025 to produce content Trump announces 100% tariffs on movies ‘produced in foreign lands’
via YouTube
