In a post on his social media account, True Social, President Trump said, "The American film industry is declining at a very rapid rate," and "other countries are
"We are offering every incentive to attract American filmmakers and studios outside the United States," he said. He went on to say, "Many parts of the United States, including Hollywood, are being destroyed.
"This is a coordinated attack by another country and a threat to our national security," Trump said. "As a result, I have asked the Department of Commerce and the Office of the United States Trade Representative (USTR) to take measures against foreign
"I have instructed the U.S. to begin the process of immediately imposing 100% tariffs on films made in the U.S.," he said, adding, "We want films made in the U.S."
This is the first time that President Trump has suggested imposing tariffs on the cultural industry rather than the manufacturing industry.
This shows the US's intention to strengthen its nationalistic approach in the content sector as well. The US Department of Commerce and the USTR have announced that they will consider the import of foreign films as a threat to national security under Section 232 of the Trade Expansion Act.
The government is expected to investigate the impact that the tariffs will have on film production in other countries. However, it is unclear when and how the tariffs will be imposed on foreign-produced films.
The Wall Street Journal, a US economic media outlet, said that because movies do not physically move through ports like general merchandise,
The bill also does not specify the criteria for defining U.S. films shot abroad as "imports," nor does it specify the criteria for calculating the value of films that qualify for tariffs.
Some are of the opinion that the tariffs could actually be a setback for the U.S. film industry as a whole.
Hollywood production company faces skyrocketing production costs in the U.S., including labor and filming costs
The number of foreign filmmakers is increasing, and they are turning to international co-productions and overseas locations, which are relatively inexpensive. In fact, this year's highest-grossing film was "The Minecraft Movie," which was shot in Canada and was shot in Desert.
Disney Marvel Studios is currently filming the two "Avengers" sequels in London, England. This is understood to have led to job losses in the United States.
According to the International Federation of Theatrical Stage Workers, an organization representing film and stage workers, 18,000 full-time jobs have disappeared in the U.S. film industry over the past three years.
2025/05/07 10:16 KST
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