Por MRNews
US President Donald Trump announced on Sunday a 100% rate on films produced abroad. For him, the American film industry is having a “very fast death” due to the incentives that other countries are offering to attract filmmakers.
“This is a joint effort from other nations and therefore a threat to national security. In addition to all, it is messages and propaganda,” Trump said on the Truth Social network.
The US President also said that he is authorizing relevant government agencies, such as the Department of Commerce, to immediately start the process of imposing a 100% tariff on all films produced abroad that are sent to the United States. “We want movies produced in America again”!
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Trade Secretary Howard Lutnick said in X that he is careful of this. Neither Lutnick nor Trump provided details on how tariffs will be implemented.
It was not clear whether the rates will be applied to movies in streamingas well as those displayed in theaters, or whether they will be calculated based on production costs or box office revenue. Hollywood executives tried to clarify the details on Sunday night. The Motion Picture Association, which represents the main studios, made no immediate comments.
In January, Trump appointed Hollywood veterans Jon Voight, Sylvester Stallone and Mel Gibson to bring Hollywood back “Greater, Better and Stronger than Ever.”
Film and television production has been leaving Hollywood for years, going to places with tax incentives that make filming cheaper.
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Governments around the world have increased credit and cash discounts to attract productions and capture a larger $ 248 billion portion that AMPERE Analysis predicts that it will be globally spending in 2025 to produce content.
All major media companies, including Walt Disney, Netflix and Universal Pictures, filming abroad in countries such as Canada and the United Kingdom.
Today, the leaders of Australia and New Zealand reacted to the Trump fare announcement, saying they will defend their local sectors. Some Marvel superhero films were filmed in Australia, while New Zealand was the scene of the films “The Lord of the Rings.”
By 2023, about half of US producers' spending on film and TV projects, with budgets of over $ 40 million, went out of the US, according to the Prodpro research company.
Film and television production has dropped almost 40% in the last decade in Los Angeles, where Hollywood is, according to Filmla, a non -profit organization that accompanies the region's production.
*(Additional Jasper Ward and Lisa Richwine report)
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