The idea of a purely American-made movie is a myth. Neil Soni/Unsplash

When President Donald Trump fired off a Truth Social post over the weekend announcing his desire to impose a 100 percent tariff on all foreign-made movies, some Hollywood executives and media members rolled their eyes while others panicked. Both reactions are appropriate. The timing couldn’t be worse for an industry still desperately thrashing about for a life preserver following the Covid-19 pandemic, Wall Street’s reversal on the streaming model, dual Hollywood labor strikes and the Los Angeles wildfires.

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The theatrical film industry has been particularly pummeled. Box office revenues remain stubbornly below pre-Covid levels, with global figures dropping from a record $43.3 billion in 2019 to just $30 billion last year.

Domestically, despite hopes for a bounce-back, 2025 projections hover around........

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