Date: May 5th, 2025 8:29 AM
Author: poast-moniker synergy
Trump says authorizing agencies to start process of imposing tariff
Commerce Secretary Lutnick posts on X: 'We're on it.'
Trump says US movie industry dying a 'very fast death'
Australia, New Zealand vow to support their film industries
Shares in Disney, Paramount fall in early trade
WASHINGTON, May 5 (Reuters) - U.S. President Donald Trump on Sunday announced a 100% tariff on movies produced outside the country, saying the American movie industry was dying a "very fast death" due to the incentives that other countries were offering to lure filmmakers.
"This is a concerted effort by other Nations and, therefore, a National Security threat. It is, in addition to everything else, messaging and propaganda," Trump said on Truth Social.
(http://www.autoadmit.com/thread.php?thread_id=5720570&forum_id=2E#48904555)