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Donald Trump wants to tax films produced outside the United States

Donald Trump wants to tax films produced outside the United States
Donald Trump wants to tax films produced outside the United States

Customs duties

Donald Trump wants to tax films produced outside the States

Donald Trump wants to help the American film industry, which “is dying very quickly”.

Posted today at 02:26

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In short:
  • Donald Trump threatens to impose customs duties of 100% on foreign films.
  • The American film industry is experiencing an unprecedented crisis according to the American president.
  • President Trump evokes a threat to national security without detailing.

The American president Donald Trump announced “immediately start the process of establishing customs duties of 100%” on the films broadcast in the United States but produced abroad.

“The American film industry is dying very quickly (…) Hollywood and many other regions of the United States are devastated,” said Truth Social Donald Trump on his Truth Social Network.

“Threat to national security”

“Other countries offer all kinds of incentives to attract our filmmakers and studios away from the United States,” he said. According to him, it is a “concerted effort on the part of other nations”, representing “a threat to national security”.

Donald Trump has opened several investigations to the “Effects on national security” from various imports ranging from semiconductors to crucial ores since his return to the White House.

This is a necessary step which could allow the American president to publish an imposing decree of customs duties on these if it is shown that their import volume represents a risk to national security.

A response to China?

No details have yet been given on the conditions for applying surcharge on films produced abroad. This is a escalation in the commercial offensive launched by the American president against the economic partners of the United States.

China, against whom Donald Trump concentrates a large part of his arrows, had announced in early April that it would reduce, “moderately”, the number of American films officially broadcast on its territory, one of its responses to prohibitive customs duties imposed by the United States on its products.

Beijing limits, by a system of quotas, the number of foreign films officially broadcast in its cinemas. A reduction in access to this , the second in the behind the United States for cinema, could the recipes of Hollywood studios.

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