Source link : https://las-vegas.news/trump-requires-one-hundred-pc-tariff-on-international-movies/
President Trump is asking for a one hundred pc tariff on international movies, saying “a concerted effort” by different nations to lure filmmakers overseas constitutes a risk to nationwide safety.
“The Movie Industry in America is DYING a very fast death. Other Countries are offering all sorts of incentives to draw our filmmakers and studios away from the United States. Hollywood, and many other areas within the U.S.A., are being devastated,” Trump stated in a Sunday publish on Fact Social.
“This is a concerted effort by other Nations and, therefore, a National Security threat. It is, in addition to everything else, messaging and propaganda! Therefore, I am authorizing the Department of Commerce, and the United States Trade Representative, to immediately begin the process of instituting a 100% Tariff on any and all Movies coming into our Country that are produced in Foreign Lands. WE WANT MOVIES MADE IN AMERICA, AGAIN!” he added.
It’s unclear how any such tariff can be applied on mental property, however the transfer is all however sure to face authorized challenges from the trade, together with on free speech grounds.
Whereas a spokesperson for the Movement Image Affiliation declined to remark, a 2023 report from the commerce group stated the movie trade “generated a positive balance of trade in every major market in the world.”
The Academy of Movement Image Arts and Sciences didn’t instantly reply to ITK’s request for remark.
Trump, whose use of…
—-
Author : LasVegasNews
Publish date : 2025-05-05 02:28:00
Copyright for syndicated content belongs to the linked Source.
—-
1 – 2 – 3 – 4 – 5 – 6 – 7 – 8