Donald Trump has sounded the alarm, claiming the American film industry is on the brink of collapse and unveiling a drastic measure to slap 100 percent tariffs on all foreign-made films.
The President fired off a grave statement contending that other nations are snatching filmmakers from Hollywood with attractive financial enticements, sending the US movie industry into turmoil.
Describing the situation as a "national security threat" Mr Trump declared:
"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."
He suggested the concerted actions by international competitors are not only economic but also strategic in terms of "messaging and propaganda," stressing an urgent need for America to shield its film sector.
READ MORE:
READ MORE:
In an assertive move, Mr Trump has given the green light to the Department of Commerce and the United States Trade Representative to commence "the process of instituting a 100% Tariff on any and all Movies coming into our Country that are produced in Foreign Lands."
He punctuated his announcement with a clarion call: "WE WANT MOVIES MADE IN AMERICA, AGAIN!"
This bombshell policy marks one of Trump's boldest steps yet in asserting America's cultural dominance and framing global competition under the lens of national security.
He said he was authorizing the U.S. Trade Representative to process the institution of the tariff because the United States' movie industry is dying "a very fast death."
He further explained this was due to other countries offering incentives to attract filmmaker's and studios.
Hollywood, long viewed as a soft power asset for the United States, has recently been grappling with escalating production costs, international competition, and evolving viewer habits, reports .
Mr Trump's warning is set to ignite intense debate within the entertainment industry, with detractors suggesting that protectionist tariffs could inflate consumer costs and hinder international collaborations.
However, proponents argue that such a move could stimulate investment in US-based productions and re-establish the nation's position as a global leader in cinema.
With a potential return to the White House on the horizon, Mr Trump's stance sends a clear signal: he plans to prioritise America's cultural exports in his economic strategy.
You may also like
Allahabad High Court to hear Centre's clarification on Rahul Gandhi's citizenship plea today
Rana Daggubati poses with 50 Cent, Cuba Gooding Jr. and Flo Rida
Maharashtra: Fire breaks out at garments show room in Mumbai
J-K: Security forces bust terror hideout in Poonch, recover 5 IEDs, radio sets
Nine transgender students from Bhadrak pass Odisha state board class tenth exams