Donald Trump orders a 100% price on products produced outside us: Hollywood is devastated

Rapid
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Donald Trump announced a 100% price on foreign films, invoking threats to the American cinema industry and national security. It aims to relaunch American cinema, because competition from other countries is intensifying.
New Delhi:
President Donald Trump announced a 100% rate of films produced abroad on Monday, saying that the film industry in the United States “died a very fast death”.
“Other countries offer all kinds of incentives to distance our filmmakers and studios from the United States. Hollywood and many other areas in the United States are devastated. It is a concerted effort of other nations and, consequently, a threat of national security,” he posted on Truth Social.
“It is, in addition to everything else, messaging and propaganda. Therefore, I authorize the Ministry of Commerce and the representative of the United States, to immediately start the institute process a 100% price on all the films that arrive in our country that are produced in foreign countries. We still want films in America,” added Trump.
The American trade secretary, Howard Lutnick, wrote on X that they were “on this”.
We are there. https://t.co/r5zclxzrem
– Howard Lux (@howardlutnick) May 4, 2025
It was not immediately clear if the price would target production companies, foreign or American, producing films abroad.
Trump's decision occurs almost a month after China said it “would moderately reduce” the number of American films it imported into the country, in the midst of a trade war between the two largest economies in the world.
“The poor action of blind government's blind tariffs on China is required to further reduce the favorable printing of the national public on American films,” a statement from the Chinese film administration on April 10 after Trump increased prices on Chinese products to 125%.
Trump, since his return to the White House in January, sparked a trade war with China and imposed world prices that have disrupted the markets.
With the exception of China, he announced a break on his radical rates imposed on dozens of countries until July.