The Damage Report
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Trump's Tariff Threat BLOWS UP In Instant Backlash Over Hollywood Disaster
Posted
May 5, 2025
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35,030
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May 5, 2025
35,030
1,578
230
5.16%
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6:20Now PlayingDonald Trump's surprise announcement threatening to impose a 100% tariff on foreign-made movies in a recent Truth Social post explodes in instant backlash as people reveal how the plan makes no sense and would potentially hurt Hollywood with much more dramatic damage than the crisis it is already facing. John Iadarola and Jayar Jackson break it down on The Damage Report. Leave a comment with your thoughts below!
Read more here:
Trump orders 100% tariff on foreignmade movies
"President Trump on Sunday said he would order officials to start the process of imposing 100% tariffs on any movie produced outside the U.S.
Why it matters: Trump's trade war has thus far been mostly about industry, like steel, aluminum and cars.
Escalating to intellectual property, in a world where it's common for productions to shoot in multiple countries, threatens to create deep complications for industries that don't usually have to concern themselves with international trade policy.
What they're saying: "The Movie Industry in America is DYING a very fast death. Other Countries are offering all sorts of incentives to draw our filmmakers and studios away from the United States," Trump said in a Truth Social post."
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