2d ago
Making Hollywood great again will be hard

nother week, another tariff threat — this time, in the name of making Hollywood great again.
In a Truth Social post Sunday, President Trump called for a 100% tariff on foreign-made movies, calling them a “national security threat” and warning that the US film industry faces a “very fast death.”
Shares of Netflix and Disney dipped on the news before recovering in trading earlier this week.
Trump’s announcement followed a meeting with actor Jon Voight, appointed “Special Ambassador to Hollywood” in January, who reportedly pitched a plan for federal tax incentives to bring production work back to the US, which has increasingly moved to countries like the UK, Canada, and Australia for lower costs and tax perks.
See the full article here.