Mon May 05 00:59:06 UTC 2025: ## Trump Announces 100% Tariff on Foreign Films, Claiming “Very Fast Death” of Hollywood
**Washington D.C.** – President Donald Trump announced Sunday a plan to impose a 100% tariff on all foreign films, claiming that Hollywood is facing a rapid decline due to international competition. Despite Hollywood studios generating approximately $30 billion in global revenue in 2024, Trump insists the industry is dying and that foreign countries are actively undermining US film production.
In a post on his Truth Social platform, Trump stated that he has directed the Department of Commerce and the US Trade Representative to immediately implement the tariff. He cited foreign incentives luring filmmakers and studios away from the US as a “concerted effort” and a national security threat. He further characterized the issue as “messaging and propaganda.”
Trump’s assertion that the US is producing “very few movies now” and that other nations have “stolen our movie industry” contradicts recent industry data. While 2024 revenues represent a decline from pre-pandemic levels, they still reached $30 billion globally.
The President’s announcement comes after his January appointments of Sylvester Stallone, Mel Gibson, and Jon Voight as “special ambassadors” to revitalize Hollywood. The new tariff, however, has sparked concern internationally. Australian Arts Minister Anthony Burke stated that Australia will defend its screen industry against this measure.
The proposed tariff’s practical implementation, including its application to films with multinational production, remains unclear. This move is likely to further strain US relations with other countries already facing various US tariffs. The impact of a 100% tariff on foreign films on both the US and global film industries remains to be seen.