President Trump’s 100% Tariff on Foreign Films: A Deepening Trade War and Hollywood’s Uncertain Future
On the evening of Sunday, May 4, 2025, President Donald Trump jolted the global entertainment industry and financial markets by announcing a sweeping 100% tariff on all films produced outside the United States. Framed as a measure to “save a dying Hollywood” and protect national security, the announcement immediately sent shockwaves through Wall Street, rattled Hollywood executives, and sparked confusion and concern throughout the international film community. The fallout from this unprecedented move is already being felt in the stock prices of major media conglomerates and is raising urgent questions about the future of American film, streaming, and global cultural exchange.
