Brief by Shorts91 Newsdesk / 02:08pm on 29 Sep 2025,Monday Entertainment
President Donald Trump confirmed Monday that the US will impose a 100% tariff on all movies made outside America, claiming foreign countries "stole" the film business "like candy from a baby." Trump framed the issue as both economic and a national security threat, calling it "messaging and propaganda." The announcement formalizes his May signal when he authorized the Commerce Department and USTR to impose duties on foreign films. Trump insists tariffs will "level the playing field" and bring production home. However, industry experts warn this could harm Hollywood, as major studios like Disney, Paramount, and Warner Bros frequently shoot abroad. Entertainment stocks dipped following the announcement, with Netflix falling 1.4%. (PC: Hindustan Times)