‘Our movie making business has been stolen from the United States of America,’ Trump said on social media.
The world-famous Hollywood sign seen from Los Angeles on June 30, 2025. John Fredricks/The Epoch Times
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President Donald Trump announced on Sept. 29 that he will impose a 100 percent tariff on all movies produced outside the United States.
In a Truth Social post, Trump said foreign markets are stealing the movie-making industry and that a hefty levy is required to reverse the trend.
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of “The War on Cash.”
