Overview
- Trump announced on Truth Social that he will levy a 100% tariff on any movie produced outside the United States, without providing timing or enforcement details.
- The White House has not outlined a legal basis or rulemaking path for a film tariff, and some reports point to Section 232 as a possibility that has not been confirmed.
- Industry and legal experts say a movie tariff would be difficult to administer because modern productions and distribution are multinational and largely digital.
- Markets reacted quickly to the announcement, with entertainment stocks showing early declines, including a drop in Netflix shares.
- The film measure comes as part of a wider tariff push that includes new duties on branded pharmaceuticals, heavy trucks, kitchen cabinets, vanities and upholstered furniture set to begin Oct. 1.