US President Trump masterstroke to revive Hollywood. Eversince Donald Trump became the President of the USA, he has been shocking all with his decisions. He has been levying taxes, increasing tariffs and deporting illegal immigrants sending shock waves.
In the midst of all this, US President Trump now came up with a master stroke to revive Hollywood which is on the verge of dying. He levied 100% tariffs on films made outside.
He said "This is a concerted effort by other Nations and, therefore, a National Security threat. It is, in addition to everything else, messaging and propaganda,"
Trump went on to add "WE WANT MOVIES MADE IN AMERICA, AGAIN!" Commerce Secretary Howard Lutnick posting on X said: "We're on it." Neither Lutnick nor Trump provided any details on how the tariffs would be implemented
Former senior Commerce official William Reinsch, a senior fellow with the Center for Strategic and International Studies, said""The retaliation will kill our industry. We have a lot more to lose than to gain," adding that it would be difficult to make a national security or national emergency case for movies.