Trump’s Hollywood tariff threat is already unravelling
- President Trump announced plans to impose a 100% tariff on all foreign films entering the U.S. As part of his efforts to combat what he calls a national security threat to the American movie industry.
- California Governor Gavin Newsom suggested a $7.5 billion federal tax credit to help the movie industry rather than imposing tariffs.
- Experts warn that these tariffs could harm Hollywood's supply chain and lead to economic recession due to decreased advertising spending.
- The White House stated that no final decisions on the tariffs had been made, with plans to meet with industry representatives to discuss the potential impact.
11 Articles
11 Articles
Hollywood Responds to Trump's Offer, But Demands Taxpayers Carry the Burden
Two things every freedom-loving American despises? Woke Hollywood lectures and taxes disguised as “incentives.” Well, President Trump just pulled the curtain back on a decades-old... The post Hollywood Responds to Trump’s Offer, But Demands Taxpayers Carry the Burden appeared first on Patriot Journal.
Kirk Cameron Backs Trump's Proposed Foreign Film Tariff For Mind-Boggling Reason
Conservative actor Kirk Cameron had people raising their eyebrows after he backed President Donald Trump's proposed tariffs on films made outside the U.S., reasoning that foreign locations are unnecessary with the rise of "artificial intelligence and computer-generated imagery." Earlier this week, Trump announced via a post on Truth Social that he has directed the Commerce Department and the U.S. Trade Representative to impose a 100% tariff on …
Trump’s Tariffs Undermine Hollywood's Soft Power and Boost Foreign Film Industries
US President Donald Trump’s dramatic tariffs, created to allegedly restore the strength of the American industry, may have the opposite effect in one of the country’s most powerful areas: media and entertainment.Tariffs will harm America’s film industryAlthough the announced tariffs harm companies that sell goods, specialists say it could cause an economic recession that would lead to lower advertising spending by companies and, therefore, less …
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