President Trump proposes a 100% tariff on foreign movies to revitalize the American movie industry. He plans to meet with Hollywood insiders to negotiate. Democrats in California support bringing movie making back to the U.S. through federal film tax credits. SAG-AFTRA union welcomes dialogue with the president.
Key Points
President Trump proposes a 100% tariff on foreign movies
Democrats in California support federal film tax credits to bring movie making back to the U.S.
SAG-AFTRA union welcomes a dialogue with the president
Pros
Revitalizing the American movie industry
Creating jobs in the industry
Cons
Unintended and potentially damaging impacts of blanket tariffs on all films