President Donald Trump on Monday announced a 100% tariff on movies made overseas, saying he was taking action because the motion picture industry has been “stolen” from the United States.
“Our movie making business has been stolen from the United States of America, by other Countries, just like stealing ‘candy from a baby,'” Trump wrote on his Truth Social platform Monday morning. “California, with its weak and incompetent Governor, has been particularly hard hit! Therefore, in order to solve this long time, never ending problem, I will be imposing a 100% Tariff on any and all movies that are made outside of the United States.”
The president did not specify in his social media post when the tariff would take effect or how it would be enforced.
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