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Trump’s movie tariff plot twist: What’s a Hollywood movie anyway?
- President Donald Trump announced on May 4 plans to impose a 100% tariff on foreign-made films, causing concern among movie industry executives at the Cannes Film Festival in France.
- Trump's tariff proposal aims to protect the U.S. Film industry, which he claims is dying a "very fast death," though details on how to define foreign films remain unclear.
- Studio executives expressed alarm and confusion over the tariff’s potential effects, and festival director Thierry Fremaux requested more information before commenting further.
- Trump met with actor Jon Voight during the festival, and critics say the policy could complicate the global cinema market and hurt cross-border collaborations.
- This tariff threat implies possible economic disruption in international film trade, with uncertain outcomes for U.S. Studios and foreign filmmakers alike.
139 Articles
139 Articles
SAG-AFTRA prez Fran Drescher wants Trump to trade tariffs for tax breaks
It’s the “Nanny” plan. In May Donald Trump famously announced plans to impose a 100% tariff on foreign-made movies in an attempt to prevent the “very fast death” of Hollywood. Now SAG-AFTRA president and “The Nanny” star Fran Drescher says that tax breaks would be a better way to make Tinseltown competitive than tariffs. “I’m trying to work right now on the tax abatements with President Trump to make sure our industry gets the tax abatement that…
Cannes dealmakers hate Trump's big Hollywood idea
There are not many fans of Donald Trump's dream to save Hollywood with tariffs among the dealmakers at the Cannes film festival -- even among those who voted for him. Unlike Robert De Niro -- a vocal critic who called Trump "America's philistine president" at the festival's opening ceremony --…
'We're seeing that global conversation play out in real time'
'Hollywood doesn't need tariffs. It needs investment' Felipe Patterson at NewsweekTrump's tariffs "won't revive the film industry, they'll hasten its downfall," says Felipe Patterson. Hollywood "isn't just an American enterprise anymore." It's an "intricate, interdependent ecosystem that thrives on global exchange — financially, creatively, and logistically." A "100% tax on foreign-made films wouldn't just be economically shortsighted — it would…
Cannes Is Disappointed with President but: 'Trump Is Just Shouting, Streamers Are a Much Bigger Problem'
With the much-discussed announcement by President Trump about the 100 percent import tariff increase on films from outside America, the focus was mainly on the Cannes Film Festival. After all, there is a gigantic film market there during the festival where distributors and production houses from all over the world buy and sell films. There is also a lot of trading from the Netherlands. "There are much bigger problems than Trump."
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