Trump Declares 100% Tariff on Foreign Movies—Hollywood Shocked by New Threat
Trump announced via Truth Social that he intends to impose a 100% tariff on foreign-produced films entering the U.S. It’s uncertain whether this includes blockbusters like “Avengers: Endgame” or upcoming movies such as “Avatar 4”, which are filmed overseas, or if it pertains to Indian Bollywood productions shown in America via streaming services like Netflix and Amazon Prime Video. The method by which these tariffs would be implemented is also uncertain, with questions arising about whether movie ticket prices will rise or if streaming service costs will need to increase to cover the new tax expenses.