Donald Trump has announced that he will be authorising 100 per cent tarifs on filems made outside of the united states.
Back in February, President Trump Signed an Executive Order to Impose Tarifs on Imports from a number of counties but due to backlash, he delayed the majority of theme.
Late Last Night (May 4), The President Took to the Truth Social Platform to Share an update on the tariffs’ impact on the film industry. He Wrote: “The movie industry in America is dying a very fast death. Areas within the USA, are being devastated.
Trump Continued: “It is, in addition to everything else, message and propaganda! Therefore, I am authorizing the department of commerce, and the united states trade represent, to immediatily begin the process of Instituting a 100% tariff on any and all movies coming into our country that are produced in foreign lands.
Concrete details on his 100 per cent tarif plans have coured, and it is currently unknown if this Partially filmed overseas.
Trump was the subject of the 2024 film The ApprenticeStarring sebastian stan as trump and Succession‘ Last Month Jordan Belfort, Known as the ‘Real-Life Wolf of Wall Street’-also the subject of his own film (The wolf of wall street Starring Leonardo Dicaprio) – Voiced His Support for Trump’s Tarifs Plan.
BELFORT SAID: “The united states have been drained of its wealth, drained of its factors. It’s not gonna be pretty. There It has to change. ” He went on to say on.
Trump’s tarifs plans have alredy affected other Entertainment Industries. Live Music Stocks Have Crashed and Inflicted “Damage” on the Instrument Market, While Radio Giants Got Rocked, with IheartMedia Stocks Falling more than 13 per cent, Cumulus Meedia Droping Over 10 Percent, Followed Closely by siriusxm.
Pre-orders for the nintendo switch 2 was also delayed due to the tariffs, us video game Trade Group Entertainment Software Association (ESA) Warned The Financial Plan will have “A Impact “on the Games Industry
Most recently, Donald Trump has signed an executive Order to End the Federal Funding of “Biased Media” outlets National public radio (NPR) and Public broadcasting service (PBS),
