President Trump announced a shocking 100 percent tariff on all foreign films, citing a perceived decline in Hollywood's dominance.
He claims this drastic measure is necessary to combat foreign competition and protect American jobs in the film industry.
Trump's rationale emphasizes the alleged threat to national security from foreign film production incentives and messaging.
Despite Hollywood's $30 billion global revenue in 2024, Trump insists the industry is facing an imminent crisis requiring immediate action.
