Overview

• In a Truth Social post, the president said he will levy the duty on “any and all” films made outside the U.S. and singled out California and Governor Gavin Newsom as especially affected.
• The White House offered no implementation details, and legal experts note it is unclear what authority could be used to tax films typically treated as intellectual property and services.
• Studios and trade analysts question feasibility because modern productions span multiple countries for financing, shooting, visual effects and post‑production.
• Entertainment stocks showed an early dip after the post, with Netflix falling about 1–1.5% in morning trading as other movie‑related shares traded mixed.
• The move revives a May threat and comes alongside a wider tariff push that includes 100% duties on many branded drugs starting Oct. 1 and new levies on heavy trucks, kitchen cabinets, vanities and upholstered furniture, with additional furniture tariffs signaled.