• About
  • Advertise
  • Privacy Policy
  • Contact
Sunday, June 1, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
Home World USA

Non-US Movies Caught in Trump Tariff Web

May 5, 2025
in USA
Reading Time: 5 mins read
0

In a dramatic move, US President Donald Trump has reignited his protectionist stance, this time targeting the silver screen.

Claiming that Hollywood is undergoing a “very fast death” due to overseas competition, Trump has announced plans to impose a 100 percent tariff on foreign films.

In a Truth social post, Trump said that he had directed the US Department of Commerce and the US Trade Representative to immediately begin the process of imposing the tariff on “any and all” films produced in “foreign lands.”

RelatedPosts

State Department Defends Decision To Revoke Chinese Student Visas

US To Revoke Chinese Student Visas

Trump Tariffs Dealt Heavy Blow

He asserted that other countries are offering all sorts of incentives to draw American filmmakers and studios away from the United States. He wrote, “WE WANT MOVIES MADE IN AMERICA, AGAIN!”

US President, Donald Trump as Non-US Movies Caught in Trump Tariff Web
US President, Donald Trump.

“Hollywood, and many other areas within the U.S.A., are being devastated. This is a concerted effort by other Nations and, therefore, a National Security threat. It is, in addition to everything else, messaging and propaganda!”

Donald Trump

Later, when asked by reporters about the tariff, Trump claimed that the US was making “very few movies now.”

“Other nations, a lot of them, have stolen our movie industry. If they are not willing to make a movie inside the United States, we should have a tariff on movies that come in.”

Donald Trump

Trump did not elaborate on how such a tariff would work in practical terms, including whether it would be applied to Hollywood features that involve shooting and production across multiple countries.

Many American movies and shows are shot on location outside the United States.

Many foreign cities have offered large tax breaks to film and televisions studios to shoot movies and shows outside of Hollywood. That has led to a large number of productions to shift operations to places like Toronto and Dublin. 

In addition to tax breaks, many foreign staff demand cheaper pay, making some movies more economically viable to produce.

Trump’s announcement follows his appointment in January of three film stars; Sylvester Stallone, Mel Gibson and Jon Voight as “special ambassadors” tasked with bringing back business that Hollywood has lost to other countries.

Mel Gibson, left, Sylvester Stallone and Jon Voight
Mel Gibson, left, Sylvester Stallone and Jon Voight.

At the time, Trump said that the actors would be “my eyes and ears” as he set about instituting a “Golden Age of Hollywood.”

Hollywood has faced tough business conditions in recent years amid the fallout of the COVID-19 pandemic and the 2023 actors’ and writers’ strike.

Hollywood studios grossed about $30bn worldwide last year, down about 7 percent from 2023, according to Gower Street Analytics.

According to Gower Street Analytics, while last year’s performance was an improvement on revenues in 2020, 2021 and 2022, it was still about 20 below the pre-pandemic average.

Nonetheless, movie industry research firm ProdPro stated that the US remains a major film production hub globally despite challenges.

Its most recent annual report shows the country saw $14.54bn (£10.94bn) of production spending last year. That was down by 26% since 2022, though.

Tariff To Be First On Services

hollywood sign
hollywood sign

The tariffs on film production — if they come to pass — could be the first tariffs on services.

Films are intellectual property, not goods, so they represent a kind of service that is not currently subject to tariffs. 

Trump has lambasted non-tariff trade barriers that other countries place on the United States, but he has so far limited America’s retaliation to traditional tariffs on goods.

Trump has hit China hardest with his tariffs salvo.

He argues that tariffs will boost US manufacturers and protect jobs – but the global economy has been thrown into chaos as a result, and prices on goods around the world are expected to rise.

Even before this most recent announcement, the US movie industry had been impacted by the fallout from Trump’s trade policies.

In April, China said that it was reducing its quota of American films allowed into the country.

“The wrong action of the US government to abuse tariffs on China will inevitably further reduce the domestic audience’s favourability towards American films.

“We will follow the market rules, respect the audience’s choice, and moderately reduce the number of American films imported.”  

China Film Administration

Trump’s 100 percent tariff proposal could potentially spark retaliatory trade measures and isolate the American film industry.

Rather than resurrecting Hollywood’s golden age, it risks turning it into a relic.

READ ALSO: Government’s Mull for Concession Model Critical to Revive ECG

Tags: Donald TrumphollywoodTrump tariffUS Department of CommerceUS tarrifs
Share1Tweet1ShareSendSend
Previous Post

Simons Questions Ghana’s Natural Resource Strategy

Next Post

Independence of Ghana’s Judiciary Alledgedly under Siege from within  

Related Posts

State Department Defends Decision To Revoke Chinese Student Visas

State Department Defends Decision To Revoke Chinese Student Visas

by Comfort Ampomaa
May 29, 2025
0

US Department of state Spokesperson, Tammy Bruce has defended Secretary of State Marco Rubio’s decision to “aggressively” revoke visas from Chinese students, particularly those linked to the Chinese Communist Party (CCP). At a news briefing, Bruce...

State Department Defends Decision To Revoke Chinese Student Visas

US To Revoke Chinese Student Visas

by Comfort Ampomaa
May 29, 2025
0

US Secretary of State, Marco Rubio has announced that the United States will “aggressively revoke visas for Chinese students.” This marks a major escalation of tensions with Beijing and another blow to American higher education institutions....

Trump Tariffs Dealt Heavy Blow

Trump Tariffs Dealt Heavy Blow

by Comfort Ampomaa
May 29, 2025
0

A three-judge panel at the US Court of International Trade, has blocked Donald Trump from imposing sweeping tariffs on imports under an emergency-powers law. The court ruled that the US President overstepped his authority to impose sweeping tariffs....

U.S President, Donald Trump Holds Back Planned 50% Tariffs On EU

Trump Holds Back Planned 50% Tariffs On EU

by Comfort Ampomaa
May 26, 2025
0

United States President, Donald Trump has held back from imposing a 50 percent tariff on imports from the EU, which he announced on Friday would be imposed on June 1, 2025. Trump said that he has agreed...

US To Revoke Visas Of Chinese Student Visas

Trump Threatens 50% Tariff On EU

by Comfort Ampomaa
May 23, 2025
0

US President, Donald Trump has in a Truth Social post, threatened 50% tariff on goods from the European Union. Trump’s comments came after another trade-related post on Truth Social that threatened a 25% tariff on Apple...

Please login to join discussion

Recent News

  • Mahama Reaffirms Commitment to Ahafo Region, Outlines Bold Development Agenda
  • Hamas Responds To US Ceasefire Proposal
  • Chief Justice’s Conduct Under Fire Amid Petition
  • Ministry of Health Leads 2025 No Tobacco Day Campaign
  • GuiltyBeatz on Humble Beginnings in Music Production
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.