Donald Trump repeated his threat to enter a 100% tariff for all films not shot in the United States, claiming that the American industry was “stolen” by other countries.
On Monday, he said that California was badly injured, and the collection “solves it for so long, an endless problem.”
In May, the US President said that he would talk with Hollywood leaders about his plan and begin the process of imposing a gathering, because the film industry of America is dying of a “very fast death”.
Trump's comments come like he announced a new wave of tariffs last weekIncluding 100% of the fees for branded or patented imports of drugs, as well as 50% of sets for the kitchen and cabinets in the bathroom.
Trump said about his social platform of truth: “Our business creating the film was stolen from the United States of America, other countries, like the theft of“ sweets in a child ”.
“California with his weak and incompetent governor was especially difficult!”
He said that the 100% tariff will be introduced “for any films made outside the United States.”
Trump did not say when the tariff entered into force. The White House turned to a comment.
It was also unclear whether tariffs would be applied to films on streaming services, such as Netflix, as well as those shown in cinemas, or how they would be calculated.
The Canadian Chamber of Commerce stated that it was “deeply concerned” with the collection, because American production houses relied on Canadian facilities, crews and talents to remove Hollywood films.
Katherine Fortin Leafivr, senior vice president of international politics and global partnerships for the Canadian Commercial Chamber, said: “These tariffs risk punishing American studios in Canada, increasing expenses, suppressing investments and undermining the competitive advantage that our countries created together.”
She said that the tariff will “loosen both economies” and would jeopardize “thousands of middle class jobs”.
Dan Kotsworth, an investment analyst in AJ Bell, asked how such a tax would work, taking into account tariffs, as a rule, are imposed on goods, and said that many filmmakers decided to shoot films in other countries from the best incentives.
“The threat of 100% of films for films shot outside the United States raises more questions than answers,” he said.
“The filmmakers gradually lured tax benefits that come from the shooting of films in other parts of the world, and the film industry in Los -Ageles lost its brilliance and glamor.”
Mr. Kotsworth said that it would be difficult to determine the American film if the film was shot in the United States, but to have foreign actors, directors or financing.
“Therefore, it is difficult to understand how Trump intends to impose a collection,” he said.
“Theoretically, forced to make films in the United States can increase their expenses.
“Content creators will transfer this value to the client, and this may damage the demand for streaming companies and cinema operators.”
He said that investors do not “seem to now consider this a serious threat.” Promotions for companies such as Netflix and Disney, they plunged for a short while, then bounced back.
A few recent large films shot by American studios were shot outside America, including Deadpool & Wolverine, Wicked and Gladiator II.
According to studies of the PRODPRO film industry, the United States remain the main center of film production around the world, despite the problems.
His annual report showed that last year there was a cost of production costs in the amount of $ 1444 billion (10.94 billion pounds). But this decreased by 26% since 2022.
Countries that have attracted an increase in expenses since 2022 include Australia, New Zealand, Canada and Great Britain.
Bi -Bi -See understands that the Great Britain government is waiting for the details of the US tariff and how it affects the British film industry.
The representative of the Department of Business and Trade said that millions of people work in the British film industry and “generate billions for our economy.”
