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President Donald Trump on Sunday complained in a Truth Social post about the state of Hollywood, saying that a tariff would be a great way to resolve the “dying” industry.
Newsweek reached out to the White House by email on Sunday evening outside of normal hours for comment.
“The Movie Industry in America is DYING a very fast death,” Trump wrote. “Other Countries are offering all sorts of incentives to draw our filmmakers and studios away from the United States.”
“Hollywood, and many other areas within the U.S.A., are being devastated. This is a concerted effort by other Nations and, therefore, a National Security threat. It is, in addition to everything else, messaging and propaganda!” he continued.
“Therefore, I am authorizing the Department of Commerce, and the United States Trade Representative, to immediately begin the process of instituting a 100% Tariff on any and all Movies coming into our Country that are produced in Foreign Lands. WE WANT MOVIES MADE IN AMERICA, AGAIN!”
Trump did not clarify what he meant regarding “produced in Foreign Lands” – i.e. whether he means movies entirely produced overseas by a foreign studio, or movies produced by American studios in foreign lands, although based on his previous tariff initiatives it is likely to be the former.
This is a developing story and more information will be available as it becomes available.