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Business & Economy

Business & Economy

The Big Story

Trump floats tariffs on foreign movies

President Trump is threatening to rewrite the script on how Hollywood does business, with his talk of a tariff on foreign films alarming entertainment industry veterans.

© AP

The White House said on Monday that while “no decisions on foreign film tariffs have been made, the administration is exploring all options” on Trump’s directive.

A day earlier, Trump wrote in a Truth Social post that he was authorizing the Department of Commerce to “immediately begin the process of instituting a 100 percent tariff on any and all movies coming into our Country that are produced in Foreign Lands.”

“WE WANT MOVIES MADE IN AMERICA, AGAIN!” he said, calling the “concerted effort” by others to attract filmmakers overseas a “national security threat.”

But the plan was met with almost immediate skepticism from both Democrats and Republicans alike.

“Is this really what we’re focused on?” one Republican strategist who is a staunch Trump supporter said on Monday. “Let’s get serious.”

Read the full report at TheHill.com.

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