President Donald Trump turned towards an sudden goal on Sunday as he warned the movie trade to cease shifting productions abroad ― or else face huge tariffs.
“The Movie Industry in America is DYING a very fast death,” the president wrote on his Reality Social platform, noting that different nations are providing tax incentives to lure movie manufacturing.
“Hollywood, and many other areas within the U.S.A., are being devastated,” he wrote. “This is a concerted effort by other Nations and, therefore, a National Security threat. It is, in addition to everything else, messaging and propaganda!”
Trump stated he would place a 100% tariff on movies produced in different nations.
“WE WANT MOVIES MADE IN AMERICA, AGAIN!” he wrote.
It’s not clear how this might impression motion pictures filmed in a number of areas together with the US. It’s additionally not clear if this might apply to tv or streaming productions, which are sometimes filmed overseas too.
Rod Lamkey Jr. by way of Related Press
Canada particularly can usually draw U.S. productions with a mixture of tax breaks and a positive trade price, The Hollywood Reporter famous in 2023. That very same report discovered that 171 international movies have been shot in Canada in 2022, with most of them being Hollywood productions, together with 258 TV reveals — additionally largely from the US.
About 70% of Hallmark and Lifetime Christmas motion pictures, for instance, are filmed in Canada, the New York Occasions reported in 2023.
Los Angeles particularly has seen an exodus of productions, not simply to worldwide areas but in addition to different elements of the US which have lured the trade with tax breaks and different incentives. Even postproduction work is migrating out of Hollywood, in some instances to abroad areas.
Los Angeles final month handed a measure to make it simpler to movie within the metropolis, whereas the state of California is contemplating elevated monetary incentives for productions within the state.
“Other nations have been stealing the movies, the movie-making capabilities from the United States,” Trump informed reporters as he returned to the White Home on Sunday evening. “I’ve done some very strong research over the last week, and we’re making very few movies now. Hollywood is being destroyed.”
He attacked California Gov. Gavin Newsom as “grossly incompetent,” saying he “allowed that to happen.”
