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Hollywood Under Fire: Trump Targets Foreign Films with Proposed 100% Tariff
Hollywood Under Fire: Trump Targets Foreign Films with Proposed 100% Tariff
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President Donald Trump has reignited his battle with Hollywood, proposing a 100% tariff on all foreign-made films. Framed as a national security measure, the move targets what Trump describes as unfair tax breaks luring productions—and jobs—away from U.S. soil. The threat alone rattled media stocks, with Netflix and Warner Bros. Discovery among the first to show market jitters.
The policy doubles as a political gambit, striking at California Governor Gavin Newsom’s base while undermining Canada’s production incentives. Trump’s willingness to declare a national emergency underscores the plan’s aggressive timeline. Global film supply chains now face potential upheaval, with streaming platforms and studios recalibrating budgets overnight.
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