American president argues that Hollywood is negatively affected by a trend that is leading filmmakers and studios to work abroad
The American president, announced on Sunday (4) tariffs on the Shown in the country, but produced abroad, arguing that Hollywood is negatively affected by a trend that is leading American filmmakers and studios to work abroad. Trump faces criticism for his aggressive trade policies, through which he imposed widespread tariffs on countries around the world.
“I am authorizing the Department of Commerce and the United States Commerce Representative to immediately start the process of imposing a 100% tariff on any film that enters our country and has been produced abroad,” the US president said on the Truth Social platform. “The United States Film Industry is dying very quickly. Other countries offer all kinds of incentive to attract our filmmakers and studios out of . Hollywood and many other areas within the country are being devastated, ”warned Trump.
According to the US president, this scenario is the result of “a joint effort of other nations,” which represents “a threat to national security.” Trade Secretary Howard Lutnick republished Trump’s message and added that he is working on the issue. No details were disclosed about the conditions of application of tariffs to films produced abroad. TV series, an increasingly popular and profitable sector for the audiovisual industry, were not mentioned.
Trump’s announcement represents a new climb in the commercial offensive that began by the US president against the country’s economic partners. China, the main target of Trump’s measurements, had announced in early April that it would “moderately” to “moderately” the number of American films officially screened in its territory as one of its responses to the United States tariffs to its products, which reach 145%.
Beijing limits, with a quota system, the number of foreign films shown in theiraters. A reduction in access to this market, which for the film industry is the second largest in the world after the United States, could affect the revenue of Hollywood studios.
Film production is a crucial part of the US economy, generating more than $ 2.3 million and $ 279 billion ($ 1.578 trillion) in 2022, according to Motion Picture Association’s latest data.
But after the strikes in Hollywood and the Covid-19 pandemic, which led Americans to watch more movies at home, the industry still struggles to recover their strength. According to a January report from Prodpro Production Monitoring Service, the United States is a major 4.5 billion (82 billion reais) production center in production spending, but the amount represents a 26% drop compared to the amount recorded two years earlier.
A survey of studio executives revealed that the five favorite production sites for 2025 and 2026 are outside the United States due to the attractive tax incentives offered by some locations. Toronto occupies the first place, followed by Britain, Vancouver, Central Europe and Australia. California appears in sixth place.
*With information from AFP
Posted by Victor Oliveira
