President Donald Trump announced Sunday to implement a 100% price on films made in other countries imported in the United States, describing other nations to offer financial incentives intended to “draw our filmmakers and studios away 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”, ” Trump wrote on Truth SocialReferring to foreign films as “messaging and propaganda”.
“I authorize the Ministry of Commerce and the Representative of the United States Trade, immediately starting the institute process a 100% rate on all the films that enter our country that are produced in foreign countries,” he continued.
Trump told journalists in the White House on Sunday that “other nations had stolen films, the capacity to create film from the United States”, blaming the governor of California Newsom for the drop in film production in Hollywood specifically in recent years.
A Newsom spokesperson did not respond to a request for comments on Sunday evening.
“If they are not willing to make a film in the United States, we should have a price when the films come in,” said Trump. “I can tell you one thing, the filmmakers love it.”
The American film industry has undergone a series of economic blows in recent years, including the Strikes Labor Hollywood and the Pandemic Covid-19.
Physical production has decreased in California in the midst of budgetary reductions and more generous tax incentives elsewhere. Filmla, a non -profit organization that coordinates the film allows and supports the production of premises in the Los Angeles region, reported less than average Occupation of the sound scene in recent years. The report notes that competing jurisdictions, including the United Kingdom and Ontario, Canada, have more than doubled their production capacity in recent years, alongside other American states, such as New York and Georgia.
However, although the overall production was down in Los Angeles, the report revealed that the production of feature films specifically increased by 18.8% last year, although the category is still much lower than its average over five years.
“Unfortunately for all less involved cinema, television and sales projects, it is more difficult to fill vacancies in the studio,” said the report.
Trump named actors Jon Voight, Mel Gibson and Sylvester Stallone as special ambassadors in Hollywood in January, calling the “Super but very disturbed” industry. Their work said that Trump said at the time, bringing business back to Hollywood, who, according to him, “has lost a lot of business in the past four years against foreign countries.”
Last month, Voight manager Steven Paul confirmed to NBC News that he and Voight intended to present Trump a series of ideas to increase American cinematographic and televised production. It is not known if this meeting occurred.
The cinematographic association, a commercial organization which represents the main Hollywood studios, refused to comment. In A recent economic report Based on the American government data, the AMP has noted that Hollywood has a positive commercial balance on all the main markets in the world.
NBC News immediately received responses to the requests for comments from Paul; Cinema United, a commercial group that represents cinemas; And several distributors that come out of films made abroad, including Netflix.
China has announced new prices on Hollywood films imported into the country about a month ago, although Reuters reports It was unlikely that this decision has a significant financial impact on Hollywood given the yields in the constant drop in China.
