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Trump orders 100% tariff on all movies produced outside the US - Foreign Affairs - Nairaland 1a3y53

Trump orders 100% tariff on all movies produced outside the US (12547 Views)

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fergie001: 6:44am On May 05
Reporter: What about the movie tariffs?

Trump: Other nations have been stealing the movies— the movie making capabilities from the US. I’ve done some very strong research over the past week and we’re making very few movies now.

U.S. President Donald Trump announced Sunday a 100% tariff on movies produced outside of the United States, saying the U.S. movie industry was dying a "very fast death" due to the incentives that other countries were offering to draw American filmmakers.

"This is a concerted effort by other Nations and, therefore, a National Security threat. It is, in addition to everything else, messaging and propaganda," Trump said in a post on Truth Social.

Trump said he was authorizing the relevant U.S. government agencies such as the Department of Commerce to immediately begin the process of imposing a 100% tariff on all films produced abroad that are then sent into the United States.

Trump added: "WE WANT MOVIES MADE IN AMERICA, AGAIN!"

Commerce Secretary Howard Lutnick posting on X said: "We're on it."

Neither Lutnick nor Trump provided any details on the implementation. It was not immediately clear whether the move would target production companies, foreign or American, producing films overseas.

Film and television production in Los Angeles has fallen by nearly 40% over the last decade, according to FilmLA, a non-profit that tracks the region's production.

Meanwhile, governments around the world have offered more generous tax credits and cash rebates to lure productions, and capture a greater share of the $248 billion that Ampere Analysis predicts will be spent globally in 2025 to produce content.

The post by Trump comes after he has triggered a trade war with China, and imposed global tariffs which have roiled markets and led to fears of a U.S. recession.

Former senior Commerce official William Reinsch, a senior fellow with the Center for Strategic and International Studies, said retaliation against Trump's foreign movies tariffs would be devastating.

"The retaliation will kill our industry. We have a lot more to lose than to gain," he said, adding that it would be difficult to make a national security or national emergency case for movies.

SOURCE

2 Likes

Floky215: 6:52am On May 05
Trump no send anybody... grin grin grin

21 Likes 1 Share

jocelynor: 7:27am On May 05
Floky215:
Trump no send anybody... grin grin grin

Go see their port its shrinking, the guy doesn't know wat he is doing, China is American biggest contributor to cinema, if Asia decide to ban them u think Hollywood go get profit out US

78 Likes 8 Shares

orisa37: 7:36am On May 05
VERY GOOD. YOU WANT TO SHOW YOUR FUNNY VIDEO IN AMERICA, YOU MUST FIGHT FOR PEACE. AND TARIFF IS.

4 Likes 1 Share

Watcharena: 8:58am On May 05
Floky215:
Trump no send anybody... grin grin grin
yes he no even send the American masses

59 Likes 7 Shares

diverseconcepts: 9:04am On May 05
let the trade-war begins grin

2 Likes 1 Share

femi4: 9:05am On May 05
So petty...this is the low of low

24 Likes 5 Shares

nolzautoez: 9:05am On May 05
Trump calm down. You only have this last term.
How many Americans even watch these movies.

20 Likes 1 Share

Nackzy: 9:05am On May 05
Power drunk idiot

35 Likes 6 Shares

Quelme: 9:05am On May 05
Trump with him koboko....

2 Likes

Cmanforall: 9:06am On May 05
Hmmm

US may be turning to another thing if care is not taken

8 Likes 1 Share

rajiedreez: 9:06am On May 05
Isolation loading

10 Likes 3 Shares

FactBoyz: 9:06am On May 05
wink
ozo13(m): 9:07am On May 05
Baba and comedy na 5 and 6

6 Likes 1 Share

tnerro1(m): 9:07am On May 05
This werey again😒

11 Likes 4 Shares

Agbadocassava: 9:07am On May 05
Who cares

4 Likes 1 Share

Cmanforall: 9:08am On May 05
jocelynor:


Go see their port its shrinking, the guy doesn't know wat he is doing, China is American biggest contributor to cinema, if Asia decide to ban them u think Hollywood go get profit out US

Asia is a continent. It will be difficult for this to be implemented

1 Like

grandstar(m): 9:08am On May 05
This is just moronic.

11 Likes 1 Share

scholes23(m): 9:08am On May 05
They all wanted him to be on that seat. Even Nigerians wanted him more. What you see is what you get

22 Likes 5 Shares

scholes23(m): 9:09am On May 05
Agbadocassava:
Who cares
NFCS

1 Like

YINKS89(m): 9:09am On May 05
At this point, i dont think Trump is fit to rule America

16 Likes 4 Shares

TallNigerian: 9:10am On May 05
So erratic

2 Likes

JimohMomoh: 9:10am On May 05
Trump is right.

I during Covid19, the United States and some other Nations including Nigeria suffered shortage of face mask because of over reliance on imported face mask from China.
Many US companies are outsourcing their production to China and it's wrong because anytime there is a pandemic or lock down in China it affects the US. It's even a security risk.

We should start producing our own Solar s in Nigeria. We have the resources and manpower. China is gaining heavily from us. The trade deficit is too much

15 Likes 2 Shares

id4sho(m): 9:10am On May 05
This man will Kee people cheesy

5 Likes

buJu234: 9:10am On May 05
Trump go soon put tariff on spouses married from abroad,

because Americans are now traveling out to go and find wives or husbands.. leaving American women especially to be single

Lol grin grin grin grin grin grin grin grin grin

23 Likes 3 Shares

Bizibi(m): 9:11am On May 05
This man is living in a different world.

2 Likes

flowmama: 9:11am On May 05
They'll soon extend it to musics produced outside US... Naija musicians will feel that most

5 Likes 2 Shares

Parrot69: 9:11am On May 05
Which day will Tinubu visit the White house like the other democratically elected presidents has done, starting from Obasanjo to Buhari?

1 Like

grandstar(m): 9:11am On May 05
Floky215:
Trump no send anybody... grin grin grin

And he is destroying the US economy.

13 Likes 2 Shares

Lanretoye(m): 9:11am On May 05
Good,e remain all non citizens of the US to get 200% tariff.

6 Likes 1 Share

Austema(m): 9:11am On May 05
Trump is becoming unbecoming

6 Likes 4 Shares

atobs4real(m): 9:11am On May 05
EVERYTHING MUST BE AMERICA FIRST

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