BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Trump Proposes 100% Tariff on Foreign Films Amid U.S. Industry Decline
Trump Proposes 100% Tariff on Foreign Films Amid U.S. Industry Decline
12
2
President Donald Trump has declared the U.S. film industry in rapid decline, attributing its struggles to foreign incentives luring filmmakers abroad. He framed the issue as a national security concern, citing propaganda risks alongside economic damage.
"The Movie Industry in America is DYING a very fast death," Trump stated. "Hollywood and other production hubs face devastation as other nations strategically weaken our cultural output." The proposed 100% tariff marks an aggressive response to what he characterized as coordinated foreign competition.
By:
Previous
Dubai Family Office to Invest $8.8B to Turn the Maldives Into a Blockchain Hub
Next
Trump Proposes 100% Tariff on Foreign Films, Citing U.S. Industry Decline
