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Donald Trump has mentioned he’ll slap a 100 per cent tariff on all movies produced overseas, increasing his commerce warfare to the cinema business with a purpose to thwart what he described because the “very fast death” of Hollywood.
The US president made the announcement on his Fact Social platform on Sunday evening as he returned to Washington from a weekend at his Mar-a-Lago resort in Florida, although he didn’t provide additional particulars.
“The Movie Industry in America is DYING a very fast death. 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,” he wrote.
Los Angeles has watched different US states, in addition to international locations corresponding to Canada and the UK, peel away film manufacturing from California in recent times.
Gavin Newsom, the Democratic governor of California, has proposed a tax incentive scheme to assist movie manufacturing within the state, however Trump is tariffs as a substitute to stymie worldwide competitors.
Trump added that he could be authorising the commerce division and US commerce consultant to “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”.
He concluded: “WE WANT MOVIES MADE IN AMERICA, AGAIN!”
Whereas Trump has paused sweeping tariffs that he had proposed final month on a variety of imports till July — giving his officers time to attempt to negotiate commerce offers with international locations all over the world — he has maintained levies affecting particular industries corresponding to vehicles and prescription drugs. It was unclear how levies could be utilized to movies.
The Movement Image Affiliation declined to remark.
Trump’s plan to use tariffs to overseas movies got here amid a burst of social media posts during which the US president additionally known as for a reopening of the infamous Alcatraz jail, which has been closed for greater than 60 years.
The US president mentioned Alcatraz, which is on an island off the coast of San Francisco, wanted to be “substantially enlarged and rebuilt” to accommodate “America’s most ruthless and violent Offenders”.
“The reopening of ALCATRAZ will serve as a symbol of Law, Order, and JUSTICE,” Trump wrote on Fact Social.
The assertion drew a quick rebuke from Nancy Pelosi, the previous speaker of the Home and Democratic consultant from California.
In a submit on X, Pelosi mentioned that the president’s proposal was “not a serious one”.
“Alcatraz closed as a federal penitentiary more than sixty years ago. It is now a very popular national park and major tourist attraction,” she added.
