The China Mail - Trump says ordering '100% tariff' on all movies produced abroad

USD -
AED 3.672995
AFN 71.007121
ALL 87.177673
AMD 389.933212
ANG 1.80229
AOA 917.000118
ARS 1172.693173
AUD 1.543531
AWG 1.8
AZN 1.702751
BAM 1.730107
BBD 2.023884
BDT 121.783361
BGN 1.729837
BHD 0.376903
BIF 2981.556018
BMD 1
BND 1.300632
BOB 6.926445
BRL 5.695895
BSD 1.002344
BTN 84.711398
BWP 13.647662
BYN 3.280375
BYR 19600
BZD 2.013446
CAD 1.38045
CDF 2871.000322
CHF 0.824865
CLF 0.024686
CLP 947.309769
CNY 7.2716
CNH 7.201625
COP 4250.31
CRC 506.877792
CUC 1
CUP 26.5
CVE 97.540802
CZK 21.978979
DJF 178.495289
DKK 6.58355
DOP 58.870361
DZD 132.638727
EGP 50.706487
ERN 15
ETB 134.130833
EUR 0.882195
FJD 2.24825
FKP 0.753484
GBP 0.752225
GEL 2.739794
GGP 0.753484
GHS 14.082887
GIP 0.753484
GMD 71.500056
GNF 8682.383122
GTQ 7.719935
GYD 210.323323
HKD 7.750035
HNL 26.031227
HRK 6.646203
HTG 130.824008
HUF 356.743981
IDR 16435.8
ILS 3.62869
IMP 0.753484
INR 84.13155
IQD 1313.105401
IRR 42112.486694
ISK 128.90246
JEP 0.753484
JMD 158.989783
JOD 0.709198
JPY 144.253032
KES 129.250431
KGS 87.449994
KHR 4016.099783
KMF 434.532476
KPW 899.999988
KRW 1377.754997
KWD 0.306601
KYD 0.835331
KZT 517.838029
LAK 21675.438984
LBP 89812.021761
LKR 300.154806
LRD 200.477686
LSL 18.451855
LTL 2.95274
LVL 0.60489
LYD 5.473042
MAD 9.29444
MDL 17.240922
MGA 4552.16949
MKD 54.264865
MMK 2099.612718
MNT 3573.127216
MOP 8.002742
MRU 39.924809
MUR 45.410143
MVR 15.410148
MWK 1738.068911
MXN 19.579695
MYR 4.201976
MZN 63.999607
NAD 18.451855
NGN 1606.179462
NIO 36.887965
NOK 10.388545
NPR 135.53806
NZD 1.67076
OMR 0.385035
PAB 1.002344
PEN 3.674908
PGK 4.155867
PHP 55.52702
PKR 281.664912
PLN 3.770852
PYG 8019.815118
QAR 3.657835
RON 4.3921
RSD 103.675527
RUB 82.706966
RWF 1414.74634
SAR 3.75011
SBD 8.340429
SCR 14.21826
SDG 600.501804
SEK 9.619125
SGD 1.291095
SHP 0.785843
SLE 22.790233
SLL 20969.483762
SOS 572.869211
SRD 36.825028
STD 20697.981008
SVC 8.770843
SYP 13001.814505
SZL 18.443982
THB 33.042996
TJS 10.374453
TMT 3.5
TND 3.00721
TOP 2.342099
TRY 38.57715
TTD 6.797293
TWD 29.629042
TZS 2695.000318
UAH 41.850767
UGX 3671.989031
UYU 42.062895
UZS 12930.249016
VES 86.73797
VND 25975
VUV 121.092148
WST 2.778527
XAF 580.261843
XAG 0.030927
XAU 0.000307
XCD 2.70255
XDR 0.72166
XOF 580.261843
XPF 105.497811
YER 244.650226
ZAR 18.37686
ZMK 9001.201278
ZMW 27.820779
ZWL 321.999592
  • RBGPF

    67.2100

    67.21

    +100%

  • JRI

    0.0600

    13.07

    +0.46%

  • BCC

    3.4400

    96.15

    +3.58%

  • NGG

    0.0300

    71.68

    +0.04%

  • SCS

    0.2700

    10.14

    +2.66%

  • BTI

    -0.1300

    43.17

    -0.3%

  • GSK

    0.3200

    39.07

    +0.82%

  • CMSC

    0.0700

    22.1

    +0.32%

  • AZN

    1.9300

    72.44

    +2.66%

  • RIO

    1.1500

    59.7

    +1.93%

  • RELX

    0.9400

    55.02

    +1.71%

  • RYCEF

    0.1300

    10.35

    +1.26%

  • BCE

    0.0100

    21.45

    +0.05%

  • VOD

    -0.1200

    9.61

    -1.25%

  • CMSD

    0.0600

    22.32

    +0.27%

  • BP

    0.2400

    28.12

    +0.85%

Trump says ordering '100% tariff' on all movies produced abroad
Trump says ordering '100% tariff' on all movies produced abroad / Photo: © AFP

Trump says ordering '100% tariff' on all movies produced abroad

US President Donald Trump said Sunday he was ordering new tariffs on all films made outside the United States, claiming Hollywood was being "devastated" by a trend of US filmmakers and studios working abroad.

Text size:

The announcement comes as the White House is coming under mounting criticism over its aggressive trade policies that have seen Trump impose sweeping tariffs on countries around the globe.

"I am authorizing the Department of Commerce, and the United States Trade Representative, to immediately begin the process of instituting a 100% Tariff on any and all Movies coming into our Country that are produced in Foreign Lands," he wrote on his Truth Social platform.

"WE WANT MOVIES MADE IN AMERICA, AGAIN!"

Commerce Secretary Howard Lutnick reposted Trump's missive, saying "We're on it."

No details were provided on how the tariff would be implemented.

Trump's post comes after China, which has taken the brunt of the US president's combative trade policies with 145 percent tariffs on many goods, said last month it would reduce the number of US films it imported.

"The Movie Industry in America is DYING a very fast death. Other Countries are offering all sorts of incentives to draw our filmmakers and studios away from the United States," Trump wrote Sunday.

"Hollywood, and many other areas within the U.S.A., are being devastated," he added, claiming that production being drawn to other countries was a "National Security threat."

The implications for the movie industry -- or how exactly the tariffs would be enacted -- were not immediately clear.

There was also no mention in Trump's post of whether television series, an increasingly popular and profitable sector of production for the screen, would be affected.

- US not in top five -

Hollywood is a major sector of the United States' economy, generating more than 2.3 million jobs and $279 billion in sales in 2022, according to the latest data from the Motion Picture Association.

But in the wake of the Hollywood strikes and the Covid pandemic impacts -- which changed how Americans consumed movies, opting to watch at home instead of in theaters -- the industry is still struggling to regain its momentum, industry insiders say.

According to a January report by production tracking service ProdPro, the United States is a top filming hub with $14.5 billion in production spend -- though that amount is a 26 percent drop compared to two years earlier.

However a survey of studio executives revealed that their top five preferred production locations for 2025 and 2026 were all outside of the United States, due to competitive tax incentive schemes on offer.

First was Toronto, followed by Britain, Vancouver, Central Europe and then Australia. California came in at sixth place.

Ahead of his inauguration in January, Trump appointed longstanding supporters Sylvester Stallone, Mel Gibson and Jon Voight as special envoys to Hollywood.

He said they would make the entertainment industry "STRONGER THAN EVER BEFORE" in a post on Truth Social.

Trump and the Republicans have traditionally received scant support from the entertainment industry, and a galaxy of stars from Taylor Swift to George Clooney backed Democrat Kamala Harris in the 2024 presidential election.

L.Johnson--ThChM