Overview
- President Trump authorized a 100% tariff on all foreign-produced movies entering the U.S., labeling foreign incentives a national security threat and propaganda tool.
- Commerce Secretary Howard Lutnick confirmed the administration is beginning the tariff process, but no regulatory or enforcement details have been released yet.
- Hollywood and international film industries express alarm, warning the tariffs could devastate independent distributors and disrupt global production markets.
- Foreign governments, including Australia and New Zealand, vow to defend their film industries, while U.S. studios face uncertainty about the policy's scope and economic impact.
- The U.S. film industry, which currently enjoys a $15.3 billion trade surplus, risks retaliatory measures from affected countries, further complicating international distribution and production.