US President Donald Trump announced a 100% tariff for films produced outside the United States on Sunday. He revealed the change on his social media site, Truth Social.
Trump stated that the President was responsible for protecting the US from foreign and domestic threats, and this issue included, among other things, messages and propaganda.
Trump said the tariff would come into effect immediately and that the US Department of Commerce and US Trade will soon take all necessary and relevant measures in accordance with the Integrence Act to suspend what he said was what was unfair tradeTo. But he did not specify when or how the politics would enter into force.
The post was one of the series that Trump has touched on tariffs with tariffs, indicating that no industry must be left untouched. He threw the movement under patriotic conditions to preserve American jobs and values.
China plans to reduce the American film quota
China had already begun operating only a few weeks before Trump's announcement. On April 10, the Chinese film administration announced that it would reduce the number of American films allowed on the market. Contrary to previous US talks, the activity is believed to be an increase in entertainment tariffs.
In a public statement, the administration said that the abuse of US government tariffs to intervene and suppress the legal industries has been redesigned by the domestic audience's attitude towards American films. He added that China follows the rules of the market and respects the preferences of the audience, reducing the number of US films allowed.
China is the second largest film in the world and Hollywood is increasingly dependent on it. But It has changed to protect its home entertainment industry. In recent years there have been Chinese films defeat the backs Hollywood import in the local ticket office.
In 2024 US films taken into account About 14% of the Chinese ticket office. This is a significant decline from 36% in 2018. That Part of the fact that the Chinese audience is increasingly tired of the sequences and restarts and what they consider as a storytelling in the Hollywood formula, experts say.
The Chinese government now supports more local productions and encourages the audience to monitor its home content. The last attempt to reduce the US import is threatened by Hollywood to catch where it hurts.
Hollywood studios fight under trade tensions
Hollywood studios look at these developments with an increasing disorder. The President's new 100% tariff would increase the cost of foreign films in the world's largest film market, the United States. This may decrease the competition and tensions of American films among the main trade partners of the people: China, France, South Korea and India.
In the meantime, China's US cinematic import is already being influenced. Studios such as Disney, Warner Bros. And Paramount, who uses international markets to cover production costs, is even greater for costly blockflocks.
Companies that have long acquired great power are now on the verge of destruction due to a pandemic. The shrinking ticket sales in China – when the Hollywood Early Revenue Market – have left large studios for new sources of revenue.
Film critics also warn that filmmakers could ban various stories worldwide. If moving means an increase in tariffs worldwide, international films in American theaters may become a thing of the past.
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