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Trump plans 100 per cent tariff on foreign-made movies
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PerthNow
US President Donald Trump has said he will impose a 100 per cent tariff on movies made overseas.
(AP PHOTO)US President Donald Trump has said he will impose a 100 per cent tariff on movies made overseas.
(AP PHOTO) Credit: AAPPresident Donald Trump says he will impose a 100 per cent tariff on all films produced overseas that are then sent into the US, repeating a threat made in May that would up-end Hollywood's global business model.
However, it was not immediately clear what legal authority Trump would use to impose a 100 per cent tariff on foreign-made films.
The president had first floated the idea of a movie tariff in May but offered few details, leaving entertainment executives unsure whether it would apply to specific countries or all imports.