Source: CNN
“President Donald Trump on Sunday extended his trade war to the cinema. Trump, in an evening post on his social media platform Truth Social, said he has instructed the Commerce Department and US Trade Representative to place a 100% tariff on films that are produced outside the United States and imported into America. … It’s not at all clear how such a tariff would be imposed. Films are intellectual property, not goods, so they represent a kind of service that is not currently subject to tariffs. However, the USTR notes that some services can be subject to certain non-tariff trade barriers, such as regulations and tax incentives. Those could disadvantage American filmmaking.” (05/04/25)