Trump to ask Hollywood studios if they’re happy with 100% foreign film tariff idea

Trump to ask Hollywood studios if they’re happy with 100% foreign film tariff idea


U.S. President Donald Trump announces the NFL draft will be held in Washington, at the White House in Washington, D.C., U.S., May 5, 2025.

Leah Millis | Reuters

President Donald Trump said Monday that he will ask Hollywood studios if “they’re happy” with his proposal to impose tariffs of 100% percent on foreign-made films.

“I’m not looking to hurt the industry, I want to help the industry,” Trump told reporters at the White House.

“So we’re going to meet with the industry,” he said. “I want to make sure they’re happy with it because we’re all about jobs.”

Trump’s comments came a day after he said in a social media post that he was authorizing the Commerce Department and the U.S. trade representative 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.”

Trump did not detail how those tariffs would be implemented.

But on Monday, White House spokesman Kush Desai said that “no final decision on foreign film tariffs have been made.”

Desai also said, “The Administration is exploring all options to deliver on President Trump’s directive to safeguard our country’s national and economic security while Making Hollywood Great Again.”

Trump in his remarks later Monday to reporters said that the U.S film industry “has been decimated by other countries taking them out, and also by incompetence, like in Los Angeles, the governor [Gavin Newsom] is a grossly incompetent man, he’s just allowed it to be taken away from.”

“Hollywood doesn’t do very much of that business, they have the nice sign, and everything’s good, but they don’t do very much,” Trump said.

This is breaking news. Please refresh for updates.



Source

Warsh hints at a new reading of the Fed’s power over swap lines amid UAE discussion
Politics

Warsh hints at a new reading of the Fed’s power over swap lines amid UAE discussion

Kevin Warsh, nominee for US Federal Reserve Chair, testifies during a Senate Banking Committee hearing on his nomination on Capitol Hill in Washington, DC, on April 21, 2026. Mandel Ngan | Afp | Getty Images Federal Reserve chair nominee Kevin Warsh believes the Fed’s statutory independence doesn’t fully extend to international policy issues, he said […]

Read More
Analysis: The Warsh revolution is coming. Powell won’t stand in the way.
Politics

Analysis: The Warsh revolution is coming. Powell won’t stand in the way.

U.S. Federal Reserve Chair Jerome Powell departs following his final press conference following a two-day meeting of the Federal Open Market Committee (FOMC), at the U.S. Federal Reserve in Washington, D.C., U.S., April 29, 2026. Kevin Lamarque | Reuters How do you change regimes when the head of the old one isn’t leaving? That will […]

Read More
Trump says it’s ‘great’ that UAE pulled out of OPEC
Politics

Trump says it’s ‘great’ that UAE pulled out of OPEC

U.S. President Donald Trump speaks during an event with Artemis II astronauts, NASA Commander Reid Wiseman, NASA Pilot Victor Glover, NASA Mission Specialist Christina Koch and Canadian Space Agency (CSA) Mission Specialist Jeremy Hansen, in the Oval Office at the White House in Washington, D.C., U.S., April 29, 2026. Evelyn Hockstein | Reuters President Donald […]

Read More