The film and streaming industry is the latest area of focus for U.S. President Donald Trump and his tariff strategy, but experts say there are many challenges to imposing tariffs on production companies.
Leading up to the election, Trump campaigned on reviving domestic manufacturing and production in the United States.
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On Sunday night, Trump took to social media saying, “The Movie Industry in America is DYING a very fast death. Other Countries are offering all sorts of incentives to draw our filmmakers and studios away from the United States. Hollywood, and many other areas within the U.S.A., are being devastated. This is a concerted effort by other Nations and, therefore, a National Security threat.”
Trump spoke from the White House lawn on Monday telling reporters, “Other nations have been stealing the moving-making capabilities from the United States … and we’re making very few movies right now … Hollywood is being destroyed.”
It is still unclear exactly …