September 29, (THEWILL) — U.S President, Donald Trump, has imposed a 100 percent tariff on all foreign-made films, a move he said is designed to protect Hollywood from what he described as “unfair foreign competition”.
Announcing the decision at the White House on Monday, Trump said the policy would strengthen domestic film production, create jobs for U.S. actors and crew, and preserve Hollywood’s global dominance.
“Our great film industry has been flooded for years with cheap imports. That ends now. We are putting America first, and Hollywood first”, he declared.
The decision has already sparked debate across the global film community. Countries with thriving movie industries, including India’s Bollywood, Nigeria’s Nollywood, and South Korea’s K-drama powerhouses, are expected to push back against what many see as a protectionist measure.
Analysts warn the tariff could spark retaliatory trade measures, reduce cultural exchange, and shrink the variety of films available in U.S. theatres and on streaming platforms. Critics argue the move undermines free trade principles and risks isolating the American film industry from the rest of the world.
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